Staff angry at Lionel Barber’s 2019 package, which included £502,000 in lieu of notice
Journalists at the Financial Times have called a halt to pay negotiations after it was revealed that the former editor Lionel Barber was paid more than £1.9m last year – including a £500,000 “loss of office” payment.
Barber, the FT’s highly regarded editor since 2005, was given the pay and pension package despite a dip in profits over the same year, accounts filed at Companies House showed. The package, first reported by Press Gazette, comprised £1.4m in pay, £502,000 in lieu of notice, and a further £10,000 into his pension scheme.
