Company execs' pay 'cooling off'

Press Association
Five and 10 pound notes
Five and 10 pound notes

Pay rises for company executives are showing signs of "cooling off" although a minority are continuing to receive substantial increases, according to a new report.

Earnings growth slowed in the past year to a median of 8.5%, lower than a similar study last October, research by Incomes Data Services (IDS) among chief executives in the FTSE-100 showed.