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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

SHOCKING: How did ceo pay get so high in uk and can we do anything about it - What They Never Told You

City of London aerial view
Some in the corporate world have argued that UK executives need more generous pay or else they will defect to the US, where pay is much higher. Photograph: Cultura Creative Ltd/Alamy

The bosses of Britain’s blue-chip companies are raking it in, having seen their pay rise to the highest level on record last year, according to figures released by the High Pay Centre.

The data shows that median pay for a FTSE 100 chief executive increased from £4.1m in 2022 to £4.19m in 2023.

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