Who fed the nation during lockdown? Was it outgoing Tesco boss David Lewis, who hauled in £6.42m – a 33 per cent increase over the previous year? Or was it the Tesco staff who put themselves at risk by turning up to work every day where they were handed T-shirts bearing the legend “we’re in this together”.
The 2019 median average of £3.6m for CEOs was flat, but still represents 120 times what the average worker made. Only a minority – 36 – of FTSE 100 companies have announced cuts to executive pay in response to the Covid-19 crisis.
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