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Economy

City & Guilds bosses awarded themselves millions in bonuses, investigation finds

· The Guardian

City & Guilds bosses awarded themselves millions in bonuses, investigation finds

The two most senior executives at City & Guilds awarded themselves millions of pounds of bonuses “without authorisation from, or knowledge of” their superiors, an internal investigation into last year’s £166m sale of the vocational charity has found.

The report into the conduct of Kirstie Donnelly, the former chief executive of City & Guilds, and the body’s finance chief, Abid Ismail, sets out how the pair “directly authorised and paid bonuses to themselves” of nearly £3m combined.

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