Paddy Power owner Flutter Entertainment paid CEO Peter Jackson £2.6m annual bonus in 2021, the board had awarded Peter Jackson ‘a significant salary increase’ that then boosted other bonuses calculated from base pay. It took his total pay to £7.3million. 

A Flutter spokesman said: ‘The remuneration committee carefully considered the transformation in size, scale and complexity of the group and the consequent increase in responsibility for executive directors.’ It is ‘satisfied that the current approach, which followed extensive consultation with shareholders, is appropriate and ensures alignment with shareholders’.