New City & Guilds owners tripled bosses’ pay amid £22m cost-cutting drive

Total pay of the qualification body’s top six executives has risen by 240% to £6.2m since charity sold itThe new owners of the vocational training body City & Guilds appear to have more than tripled the pay of its top six executives right at the moment the company is cutting £22m of costs and shrinking its UK workforce.The large increases to salary and bonuses have emerged during a scandal over the sale of the qualification awards business by its former owner, the UK charity City & Guilds London Institute (CGLI), to the international certification company PeopleCert. Continue reading...