Is running a building society harder than running the country? It must be judging by the generous remuneration building society executives reward themselves with. The combined bill for the 14 board members running the Leeds Building Society is £3,100,000 which is, curiously, almost the same as the Prime Minister and her 22 cabinet ministers get paid. I appreciate that the board members have listed their performance measures in their annual report, and the Cabinet has no known performance measures of any description, but even so! I suppose we shouldn’t forget that the idiotic Foreign Secretary claimed £141,000 wasn’t enough to live on. Once again I will vote against the Society’s remuneration report. And it’s time the government introduced its own Cabinet remuneration report, so that we could all vote against that as well.
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