Mario Christodoulou, Accountancy Age, Tuesday 1 June 2010 at 09:10:00

240,000-a-year salary barred by ministers

Ministers have blocked the approval of a 240,000 salary for the head of thecity?s Audit Commission, declaring the time of highly paid public chiefexecutives is over.

The commission wants to replace Steve Bundred, a former Labour politician,according to the Daily Mail.

Bundred earned 254,000 in 2008 according to the paper.

Communities Secretary Eric Pickles rejected the salary. He said said the eraof ?spiralling level of pay and perks for town hall bosses? had to end.

"By blocking this massive salary for the Audit Commission, I want to send asignal to councils across the country that they too can stop paying ridiculoussums to chief executives?Councillors should have the confidence to set sensiblesalaries that the public deem fit and proper.?

Further reading:

Quango ordered to cut 240,000 salary for top job

Audit Commission freezes fraud charges