Saturday, June 18, 2011

Big Deal

The chairman of Scottish Power had his pay package doubled to £10.5 million just months before the company raised gas bills to record levels for 2.4 million British households.

MPs and consumer groups expressed outrage last night after company accounts revealed the guy's pay package, which included a £6 million bonus for hitting targets.  Details of his pay emerged after Scottish Power raised average dual-fuel bills by £175 a year to a record £1 400. It added 19% to gas bills and 10% to electricity bills, while some online customers face increases of 60%.

So?  Move company if you don't like it.  Better still, juts move.  And if the MPs are so "outraged", why don't they do something about it?

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