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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Harrods doubles MD’s pay to £2.3m despite collecting £6m in furlough support

Harrods department store in London.
Harrods department store in London. Photograph: Carl Court/AFP/Getty Images

Harrods more than doubled the pay of its managing director, Michael Ward, last year to £2.3m, even as the company collected almost £6m in government support under the furlough scheme.

Ward, understood to be the highest-paid director at the upmarket department store in Knightsbridge, west London, increased his package from £1m the previous year after Harrods returned to profit as pandemic restrictions eased.

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