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UK’s biggest financial firms have given boards near-80% pay rise since 2009

Shareholder advisers and high pay campaigners call for greater transparency on director fees

The UK’s largest listed financial firms have handed their board members a near-80% pay rise since 2009, prompting shareholder advisers and high pay campaigners to call for greater transparency on director fees.

Data gathered by the Guardian shows median pay for the three highest earning non-executive directors (NEDs) in each of the FTSE 100’s 17 financial firms surged from £90,700 in 2009 to £162,000 in 2019.

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