UK union anger at Boots' windfall

UK union leaders attacked a £6.5m (€9.58m) windfall today after it was revealed that the boss of Alliance Boots will net the multi-million payout following the sale of the retail and pharmaceutical giant.

Boots chief executive Richard Baker is set to scoop £6.5 million from cashing in Boots shares when the firm is sold to its deputy chairman Stefano Pessina and US private equity backers Kohlberg Kravis Roberts.