Coronavirus: Frasers Group to cut exec team salary to £40k

// Frasers Group to cut exec team salary from May
// Annual salaries will be cut to only £40,000
// Warehouse staff, including those on zero hours contracts, would get their full salaries for this monthMike Ashley has informed the executive team of Frasers Group that they will have their annual salaries cut to only £40,000 after April.
The billionaire chief executive has pledged to pay staff for the next month, after informing them on Tuesday that it had guaranteed salaries for staff