University bosses get big pay rises

University bosses took home pay packages worth more than £268,000 on average last year, figures show.

Fresh analysis has revealed UK vice-chancellors saw their pay rise by just over £10,000 on average (4 per cent) in 2016/17, nearly four times the 1.1 per cent increase awarded to staff.

The data also shows four higher education leaders shared nearly £1 million between them in pay-outs as they retired or stepped down.

The figures come amid growing concerns about spiralling pay for university bosses.