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FT journalists stop pay talks over former editor s £1 9m pay

The statement noted that Barber’s deal had come to light “at the end of a year dominated by pay restraint and job cuts” and demanded that the company provide “full transparency about all senior executive pay and performance targets”. A spokesperson for the newspaper defended the salary portion of the package as “contractual, performance-related pay”. FT staff appeared to broadly back the union’s stance, with one employee telling the Guardian: “There is total fury that this happened”. Another called the level of Barber’s pay “gobsmacking, considering how tightly more junior people are being squeezed now”. Others were more sympathetic to Barber. One argued that “he did a brilliant job of turning the FT round and making it profitable in the 14 years of his leadership and was a great editor”. They said the view of staff when the pay award came up on an internal zoom call “was very much, ‘I’m actu

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