The chief executive of Bet365 is believed to have received more than £150million from the gambling firm despite taking a 45% pay cut last year.

Denise Coates has maintained her status as one of Britain's wealthiest executives and the highest paid director at the Stoke-on-Trent business.

Newly filed accounts suggests the total pay for the joint chief executive was £158.7million for the year to the end of last March, a decrease from £270.7million the previous year.

However, the latest payment has taken her combined salary from Bet365 to almost £1.7billion over the past seven years.

She was also entitled to a share of a £110million dividend — up from £100 million the year before —which was understood to be about £64million, based on a shareholding of 58%.

FTSE 100

The UK's flagship share index, the FTSE 100, was up 35-points at 8,249 shortly after opening this morning.

Brent crude oil futures were down 0.26%, trading at $76.22 a barrel.

Companies reporting today

07-Jan

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