Bonus cut for Reckitt's chief

The boss of household products group Reckitt Benckiser saw his bonus fall by 26% last year after failing to hit the top end of his targets, it emerged today.

However, chief executive Bart Becht’s bonus still came in at £2.1m (€3m) and contributed to a total pay package of £3.6m (€5.3m), the firm’s annual report showed.