FT editor's golden goodbye of almost £2m 'more than 70 times trainee wage'

FT editor’s golden goodbye of almost £2m ‘more than 70 times trainee wage’
The union suspended its pay negotiations with the FT after learning from The Sunday Telegraph of Lionel Barber’s package
19 December 2020 • 9:30pm
Lionel Barber left the FT in January
Credit: AFP
Journalists at the
Financial Times have branded a £1.92m golden goodbye for its former editor a “slap in the face” that is “toxic to morale”.
The National Union of Journalists last week suspended pay negotiations with the FT after being contacted about Lionel Barber’s package by The Telegraph on Wednesday, acting on information from media sources. Accounts filings would have typically revealed it in summer, but were running months behind schedule.

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