Royal Mail chief's pay rise should be limited to 3%, Vince Cable tells board

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Business secretary says Moya Greene should not receive a bigger rise than staff of newly privatised Royal Mail Vince Cable is trying to limit a pay rise for Moya Greene, the chief executive of the newly-privatised Royal Mail, to 3% – the same level that will be enjoyed by the rest of the company's staff, it was claimed at the weekend. The business secretary has told the board that anything over …

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