We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Virgin Media board pays itself lots of wonga.

hurrah
hurrah Posts: 1,373 Forumite
"Virgin Media awarded more than $50 million (£25.1 million) to its top seven executives and nonexecutive directors after a year in which the former NTL failed to buy ITV and dismissed private equity approaches.

Board members of the British cable company also held a special meeting in the Caribbean island of Puerto Rico, while the company’s largest investor, Sir Richard Branson, is eligible to receive £100,000 a year for promotional appearances. "

http://business.timesonline.co.uk/tol/business/industry_sectors/media/article1662854.ece

No wonder their phone charges are so high.

Plus of course theirs the little matter of Ulmas retirement fund to be paid for,
http://www.femalefirst.co.uk/entertainment/Branson+Funds+Thurman+s+Retirement.-30583.html
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.