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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

FTSE 100 bosses ‘given average pay rise of £500,000 in 2022’

Boats anchored in the River Thames, with buildings in the City of London financial district behind them
Chief executive pay had fallen slightly during the coronavirus pandemic but is back up to the highest since 2017. Photograph: Toby Melville/Reuters

The bosses of the UK’s 100 biggest listed companies collected an average £500,000 pay rise last year, while many of the millions of people working for them saw their pay growth fail to keep up with soaring inflation.

FTSE 100 chief executives received an average pay rise of 16% last year, taking their median pay to £3.9m, up from £3.4m in 2021, according to research by the High Pay Centre thinktank published on Tuesday.

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