Nigel Stanley at the TUC notes:
In today’s Daily Telegraph 35 business leaders sign a letter backing the cuts.
We’ve done some quick digging around and so far we have got their total annual salary up to £14.6 m a year, though there are still some gaps.
I don’t think they are going to be hurt very much by the cuts. Tax would perhaps be another thing.
And why trust people signing what amounts to a collective corporate suicide note anyway?