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Evening Standard

Anna Wise

Lloyds sets out new pay policy with potential for boss to land £17.7m payout

Lloyds Charlie Nunn Barclays Paul Thwaite

Lloyds has revealed that its boss’s pay package jumped by a fifth in 2025 (James Manning/PA) - (PA Archive)

Lloyds has revealed that its boss’s pay package jumped by a fifth in 2025, and set out proposals that could mean he has the potential to earn as much as £17.7 million this year.

Total pay for group chief executive Charlie Nunn jumped to £7.4 million in 2025, from £6.2 million the prior year.

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