Executives' pay 'up 12% over year'

Owen Humphreys/PA.

The pay of company executives has increased by an average of 12% in the last financial year, more than four times that of other workers, despite the economic downturn, according to a study.

The High Pay Centre think tank said the average pay of chief executives trebled over the past decade, in the face of the banking crisis, recession and public anger over bonuses
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