A RECORD number of company executives received golden handshakes
of more than pounds 1 million last year, a new report has shown.
The water chief was shown the door as boss of Anglian Water Group in March 2003 - receiving a golden handshake
which topped pounds 1million - after his leadership skills were called into question.
Traditionally, a golden handshake
, compensation payment, or lump-sum in lieu of notice has been free of tax, provided the amount is less than pounds 30,000.
On Thursday, he made his choice and fired Stuckey, who has threatened to sue and almost certainly will wind up with the same kind of golden handshake
that so many City Hall officials have received over the years.
At least they're being moved with a golden handshake
, with the option of later moving back into the area.
Basically, I need you to give me a huge golden handshake
Pedersen wants to stay but may take a golden handshake
If he gets expenses for this, it should be taken out of his golden handshake
when he leaves his post.
There'll probably be an inquiry into just who was responsible, the culprit will get a pounds 500,000 golden handshake
and the whole crazy tarradiddle will start again.
It's a fair bet that one of them will be receiving soccer's golden handshake
soon, and the fact that George Burley is now available after quitting Hearts, having taken them to the top of the SPL, could speed up a decision.
A golden handshake
of pounds 272,000 makes Neil Kinnock A FAT CAT and beneficiary of the EU subsidy system.
TONY Blair's last major trade union loyalist, Roger Lyons, who is TUC President, is being given a severance package -- pounds 250, 000 golden handshake
and a pension of two thirds his salary -- to quit his union, Amicus, early after a bust-up with a rival.