New City & Guilds owners tripled bosses’ pay amid £22m cost-cutting drive
Total pay of the qualification body’s top six executives has risen by 240% to £6.2m since charity sold itThe new owners of the vocational training body City & Guilds appear to have more than tripled the pay of its top six executives right at the moment the company is cutting £22m of costs...
<p>Total pay of the qualification body’s top six executives has risen by 240% to £6.2m since charity sold it</p><p>The new owners of the vocational training body City & Guilds appear to have more than tripled the pay of its top six executives right at the moment the company is <a href="https://www.theguardian.com/uk-news/2025/dec/14/city-guilds-uk-workforce-peoplecert-cost-cutting-drive">cutting £22m of costs and shrinking its UK workforce</a>.</p><p>The large increases to salary and bonuses have emerged during a scandal over the sale of the qualification awards business by its former owner, the UK charity City & Guilds London Institute (CGLI), to the international certification company PeopleCert.</p> <a href="https://www.theguardian.com/business/2026/jan/20/new-city-guilds-owners-tripled-bosses-pay-amid-22m-cost-cutting-drive">Continue reading...</a>
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