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The secret deals behind rocketing CEO salaries

Lack of transparency surrounds salary rises 10 times that of the average teacher

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Calls have been made to lift the “secrecy” surrounding decisions to award academy chain chief executives percentage pay rises up to 10 times bigger than the average teacher’s.

An investigation encountered a near universal refusal from academy trusts to provide details of why they gave their chiefs large salary hikes.

Chair of the influential Commons Public Accounts Committee, Meg Hillier, described the findings as “amazing” and said she was concerned about trusts’ lack of transparency.

“They need to bear in mind very, very firmly that this is not other people’s money, this is taxpayers’ ...

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