Cable Turns Screw Over Royal Mail Chief's Pay

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Vince Cable is demanding that the board of Royal Mail (Other OTC: ROYMF – news) limits a pay rise for its chief executive to the same level awarded to the rest of the newly privatised company's workforce. Sky News can reveal that the Business Secretary has informed directors of the postal operator that a salary increase of more than 3% for Moya Greene could prompt the Government to vote against …

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