Wednesday, March 13, 2002

A new row over "fat cat" salaries has broken out after it emerged that the chief executive of oil giant BP has been given a 58% pay rise. The salary of Lord Browne increased from £1.9 million in 2000 to just over £3 million last year. His basic pay rose from £869,000 to £1.2 million but he was also given a performance bonus and expenses. Lord Browne also received shares worth £2.6 million and 1.2 million share options.Bill Morris, general secretary of the Transport and General Workers Union, said: "Some fat cats are bigger than others, but this one is clearly the biggest. "He has certainly set the pace for BP and other oil company workers. He was probably too busy to notice, but petrol prices went up yesterday for ordinary, hard working motorists."

I can't believe this where do people get off having this amount of money given to them. I bet that he doesn’t even spend 8 hours working per day like most people do.

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