EasyJet pay angers investors

EasyJet pushed through an executive pay deal yesterday despite significant opposition from its investors. In the latest sign that investors are determined to keep executive pay in check, nearly 30 per cent of voters opposed or abstained from a vote on the discount airline’s pay policy at its annual meeting at Luton airport. Much of yesterday’s opposition centred on a deal for Andy Harrison, chief executive, who will bank an additional one-year pay-off of £1.2m when he quits the group in June.