Ousted MyTravel FD gets huge payoff

Kazia Kantor, who quit as finance director last August after just nine months when shareholders decided she was the wrong person for the job, joined a list of several other directors who received payoffs. The combined payoffs doubled the company's remuneration bill to £8.6m, reports the Times.

Former chief executive, Tim Byrne, and Mike Lee, the aviation director, both received compensation payments in excess of £1m.