High Street broker tells staff to forget 2010 pay rise
High Street broker Swinton has told its 5,000 staff to forget a wage rise for 2010.
It comes just a week after the retail broking giant was fined £770,000 for mis-selling payment protection insurance (PPI) policies.
A Swinton spokesman said the decision was made the decision prior to the fine and not linked.
A spokesman said: "The decision was made prior to the FSA fine. The fine will be reflected in results for 2009 and the pay freeze will take effect in 2010."
