Revealed: the budget bonanza for UK’s best-paid bosses from Tory tax cut

Scrapping top rate of tax could save hundreds of thousands for some of the highest earners, analysis reveals

The abolition of the 45p top rate of tax will deliver millions of pounds in savings for Britain's best-paid bosses, including those in charge of energy firms benefiting from high domestic gas and electricity prices, Observer analysis shows.

Likely beneficiaries range from Britain's best-paid woman, Bet365 chief executive Denise Coates, who could save 20m, to the boss of pharmaceuticals giant AstraZeneca.