BP investors rebel over boss Bob Dudley's £14m pay

Almost 60 per cent of shareholders vote against 20 per cent rise after group's worst ever loss

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(Image credit: Anthony Harvey/Getty Images)

BP shareholders have mounted an angry protest against a 20 per cent pay rise for chief executive Bob Dudley at a time when the oil group made its worst ever loss.

For the first time in living memory, investors voted against the company's pay decisions at the firm's annual general meeting in London, with 59 per cent of votes rejecting the move to pay Dudley nearly £14m for 2015, when the company ran up a £3.6bn loss. It came as other major energy company bosses have taken a pay cut amid the oil price crash.

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