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EasyJet row

Investors at budget airline EasyJet have staged a protest vote against its executive pay, with 25pc of shareholders at its annual meeting opposing last year's packages.

The group's founder, Stelios Haji-Ioannou, declined to vote. Andrew Harrison, the outgoing chief executive, is to receive a £2.7m (€3.08m) pay-off, including a £1.22m (€1.38m) retention bonus.

There were 50 million votes against the remuneration for 2009 and at the annual meeting, Mike Rake, the airline's new chairman, hinted that the group may return to reliable dividend payments.


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