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Bosses of top firms grab pay rise of 55% in a year Bosses of top firms grab pay rise of 55% in a year(0)

Article Source: http://www.dailymail.co.uk/news/article-1324398/Bosses-firms-grab-pay-rise-55-year.html#ixzz13fcjddrW

The bosses of Britain’s 100 biggest companies are enjoying pay rises despite the economic crisis.

Senior directors of companies in the FTSE 100 saw their total earnings jump by 55 per cent in a year.

The chief executives of blue-chip firms such as Tesco and Marks & Spencer took home an average of £4.9million, according to a report published today.

Bart Becht, the head of Reckitt Benckiser, which owns brands such as Nurofen, Cillit Bang and Vanish, received £93million last year.

Other top earners included Mick Davis, chief executive of mining group Xstrata, who took home £25.5million.

Michael Spencer, the former Tory treasurer and chief executive of financial broker ICAP, enjoyed a package of £24.3million last year, up from £6.7million the year before Read More

RBS bankers resign over forced bonus cuts RBS bankers resign over forced bonus cuts(1)

Two of Royal Bank of Scotland’s most senior bankers have resigned amid frustration over the state-backed lender’s bonus policy, raising fears about the Government’s chances of selling off its stake at a profit. Read More

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