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The average pay for chief executives of a company in the blue chip FTSE 100 index was 5.23 million pounds ($7.6 million)last year, down from 5.36 million in 2014, a Reuters examination of corporate filings shows. In 2005, CEO compensation, including pensions and share awards, was just 0.1 percent of pre-tax earnings, the Reuters analysis of annual reports over the period shows. Rapid growth in executive pay has long drawn criticism from some politicians and media headlines denouncing corporate "fat cats".
By Joseph Campbell PYONGYANG (Reuters) - On the first day of North Korea's biggest political gathering in 36 years on Friday, the closest visiting foreign journalists got to the action was across the street, hundreds of meters from the hall where the Seventh Workers' Party Congress was taking place. Inside the venue, an imposing stone hall the size of two soccer pitches, North Korea's 33-year-old leader Kim Jong Un was presumed to be kicking off an event where he is expected to outline his "Byongjin" policy of simultaneous pursuit of nuclear weapons and economic growth.