The UK’s top bosses take home an average of £6m – a 12% rise from last year.
This is three times the rise in average wages during the year, and four times
the rise in inflation.
The highest-paid chief executive among the top FTSE 100 companies, according
to a survey by remuneration consultant MM&K, was
Browne is the outgoing chief executive of BP whose total package was worth
more than £12m last year, The Observer reported.
The worst paid of the 10 – Barclays chief executive officer
John Varley – took home more than £4m.
Morely also calculates that the average FTSE boss received a bonus worth 81%
of salary for achieving their performance targets.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements