EXEC PAY BONANZA

The axed boss of crisis hit construction giant Carillion is still getting equivalent to £3,500 a day in pay and perks.

Richard Howson stepped down as chief executive last Monday after the firm issued a brutal profit warning.

Nearly £580million has been wiped off Carillion’s stock market value since.

But Howson will, under his contract, get his £660,000 salary, £231,000 pension contribution and £28,000 of ‘benefits’ for 12 months.

Carillion said he was staying for up to a year to “support the transition” to a new boss. Yet Carillion’s 19,000-strong UK workforce faces a nervous wait to discover if the company will survive the current turmoil.

One obstacle to any rescue could be a £587m hole in its pension fund.