Some of Britain’s biggest businesses are taking taxpayers’ money to pay their workers’ wages while refusing to rule out bonuses for fatcat bosses.
The High Pay Centre think-tank found that 37% of FTSE 100 firms have reduced boardroom pay. Yet just 13% have committed to cutting bonuses.
It comes as Virgin Atlantic denied that the Government had rejected its plea for a £500million bailout and that a buyer is now being sought for the airline.
Boss Sir Richard Branson has defended the call for state help, despite sitting on an estimated £3.8billion fortune and with his Virgin empire registered in the tax haven of the British Virgin Islands.
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