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Top chief execs ‘paid more in a year than a UK worker gets in a lifetime’

Despite a fall in remuneration during the Covid pandemic, blue chip company bosses averaged £2.7m in 2020

The annual pay of FTSE 100 chief executives fell during the pandemic but still equates to what a key worker would earn in a lifetime, according to a report that highlights the UK’s wage divide and the taxpayer support that has kept some companies afloat.

The bosses of companies in the blue-chip share index were paid £2.69m on average in 2020, the High Pay Centre said, with vaccine-maker AstraZeneca’s chief executive, Pascal Soriot, taking top spot thanks to a £15.45m deal.

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