Redundancy Payments for Directors at the Derbyshire Could Top Pounds1m

Summary


More than pounds1m could be paid out in redundancy money to four Derbyshire Building Society bosses as a result of its merger with Nationwide.

Yesterday, the firm revealed none of its directors would keep their jobs beyond 2010.

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Extract


Redundancy Payments for Directors at the Derbyshire Could Top Pounds1m

The society approached Nationwide about the merger in July after losses o...

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