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The Guardian - UK

Roy Greenslade

Desmond is OK with £40m salary

Richard Desmond, the Daily Express and OK! magazine owner, paid himself £40m last year to boost his personal fortune to £1.9bn according to the annual results of his Northern & Shell company, which are due to be posted today. The accounts will also show turnover at £460.5m, down from £463.5m last year. Pre-tax profits are expected to total £9.1m. (Via The Observer)

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