1. Lloyds Boss a ‘Winner’ who Deserves his Pay Deal, Says Top Bank Executive

    Lloyds Boss a ‘Winner’ who Deserves his Pay Deal, Says Top Bank Executive

    A top executive at Lloyds Banking Group has claimed chief executive Antonio Horta-Osorio is a “winner” with “charisma” who deserves his controversial pension perks and pay deal. Stuart Sinclair, chair of the remuneration committee at Lloyds, told MPs that staff at the bank did not resent Mr Horta-Osorio’s pay deal, which last year saw him pick up a £6.27 million pay package and included a pension contribution of 33%. This compares with an average employee pension contribution of 13%...

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