Berkeley boss Tony Pidgley to face tough questions at AGM over his £23.3m pay package, while Persimmon scheme is spread across 135 of top team

Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers.

Tony Pidgley, founder and executive chairman at Berkeley, is expected to face tough questions on Tuesday at the group’s shareholder meeting near its headquarters in leafy Cobham, Surrey, after it emerged last month that his pay package last year was worth £23.3m.

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Source: The Guardian Circular Economy RSS