WPP shareholders to vote on chief executive's 60% payrise

Advertising group WPP faces a shareholder revolt over its executive pay report, which includes a £6.8m deal for chief executive Sir Martin Sorrell.

Sir Martin's pay package marks a 60% rise on the previous year.

Shareholder advisory body Pirc, who is urging members to vote against the deal citing concerns over "excessiveness", said it looked likely the remuneration report would be defeated.

The company is the latest to suffer investor discontent over executive pay.

Jeremy Howell reports