August 2017
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Why do we pay so much for our FTSE failures?

Yesterday, I tried to show how many FTSE100 company bosses are pocketing close to £5m a year, even though their basic salaries are often less than £1m a year. Today I wanted to show the dismal performance that our multimillionaire company bosses have achieved. While the salaries of FTSE350 bosses have gone up by 75% over the last decade, the share prices and value of the companies they have managed and mismanaged have both fallen. This affects us all, as the savings we have in unit trusts and our pensions are usually invested in the FTSE350 companies. Why do we pay so much to our FTSE350 failures?

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