BT paid chief £2.3m shortly after revealing 13,000 job cuts

Annual report shows group missed profit and revenue targets by some distance

BT has revealed it paid its chief executive, Gavin Patterson, £2.3m last year – only weeks after announcing 13,000 job cuts in a bid to slash costs at the embattled telecoms group.

Patterson’s pay package included a performance bonus of £1.3m in the year to the end of March, according to the group’s annual report.

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