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Britain's top company directors have enjoyed a pay rise of almost 50% in the past year - taking their average earnings to almost £2.7m. A study of FTSE 100 companies by Incomes Data Services (IDS) showed the 49% increase, which covers salary, benefits and bonuses, was higher than the 43% seen by chief executives. Average bonus payments for directors increased by 23% from £737,000 in 2010 to £906,000 this year, the report said. Steve Tatton of IDS said: "Britain's economy may be struggling to return to pre-recession levels of output, but the same cannot be said of FTSE 100 directors' remuneration.
Originally posted by Aestheteka
And BP's third quarter profits were over 3 billion GBP (17 trillion USD...) while utility prices rise daily.