All in this together: rewards slashed for Britain's top bosses

Three executives from GlaxoSmithKline, BP and BA's parent company miss out on £3.6m

Chief Executive of British Airways, Willie Walsh, addresses the media as he leaves Acas following talks with the Unite Union in London, on May 17, 2010. Britain's conciliation service Acas sa
(Image credit: 2010 AFP)

BOSSES from three of Britain's biggest companies have had their pay packages for the last year slashed. The executives from BP, GlaxoSmithKline and the parent company of British Airways missed out on a combined £3.6m in pay.

Willie Walsh (pictured), chief executive of International Airlines Group, owner of British Airways, had his annual bonus snatched from him by the company's board due to the weak performance of its Spanish airline, Iberia.

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