A shareholder revolt against the eight million-option award to Vodafone's chief executive Sir Christopher Gent, a pay hike first revealed by Financial News, has forced chairman Lord MacLaurin into promising a '&quotthorough  review&quot of its controversial remuneration policy.

Lord MacLaurin, the former Tesco boss, admitted after the shareholders meeting on Wednesday that ' a significant number of shareholders abstained or voted against&quot Vodafone's pay policy. Gent was paid £7m (€11.4m) in cash and bonuses last year.

Vodafone forced to review remuneration policy

Nick Gilbert

Vodafone

Tesco

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