Fuel poverty campaigners have said it is a “scandal” that the boss of BP could pocket a bonus package of over £10million while British households and businesses struggle to pay sky-high bills.
The oil giant’s annual report is out on Friday and it is believed the payout for chief executive Bernard Looney – who once boasted the firm was like a “cash machine” – could even have been as big as £15.4m.
But reports suggest BP’s pay committee will use its discretion and scale back the size of a long-term bonus.