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As Britain prepares for austerity, it appears CEOs have not heeded the chancellor's suggestion that 'we are all in this together'
Austerity, what austerity? Executive pay jumps by 55%

By Peter Wozniak As the country prepares to endure tough spending cuts, a report today confirmed a 55% jump in pay for FTSE 100 executives in the past year. The Income Data Services (IDS) report revealed the average pay for chief executives of FTSE 100 companies was £4.9 million. Basic salary has climbed slowly, meaning… Read more »

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Kids reading: The PM and DPM, both parents to young children, offer their choices.
Cameron and Clegg reveal their favourite kids’ books

By politics.co.uk staff David Cameron has opted for a suitably patriotic selection when asked his favourite kids’ book – while Nick Clegg went with something sillier. The prime minister said his favourite children’s book was ‘Our Island Story’ by Henrietta Elizabeth Marshall, while the deputy prime minister opted for The Gruffalo, by Julia Donaldson. The… Read more »