- 27 ноября 2019, 16:27
Banking group could spend £20m to raise retirement benefits for rest of staff
Lloyds Banking Group is proposing to slash its chief executive’s pay by £220,000 and spend £20m to raise retirement benefits for the rest of staff – only months after defending the boss’s bumper renumeration package.
The bank is consulting shareholders over plans to cut António Horta-Osório’s pension package, which earlier this year was worth nearly half of his £1.3m base salary before being trimmed to 33%. That compared with 13% offered to the rest of staff.Continue reading...