Fatcat lawyers are getting £142,000-a-year pay rises while taxpayers pick up bill for furloughed workers and junior staff get laid off Top lawyers have come under fire for getting pay rises of up to £142,00 a year Some firms laid of junior staff on grounds of Covid, an investigation revealed All but three of 33 … Read more
Fatcat lawyers are getting £142,000-a-year pay rises while taxpayers pick up bill for furloughed workers and junior staff get laid off Top lawyers have come under fire for getting pay rises of up to £142,00 a year Some firms laid of junior staff on grounds of Covid, an investigation revealed All but three of 33 … Read more
Influential shareholder advisory service says fat-cat bonuses should be scrapped apart from ‘exceptional’ circumstances By Daily Mail City & Finance Reporter Published: 22:00 BST, 21 September 2020 | Updated: 22:00 BST, 21 September 2020 Fat-cat bonuses should be scrapped except in ‘exceptional’ circumstances, an influential shareholder advisory service has said. Pirc said it supported getting … Read more
Fat-cat pay revolt hits Ryanair boss Michael O’Leary as around a third of shareholders vote against his £3.2m pay package By Daily Mail City & Finance Reporter Published: 21:54 BST, 17 September 2020 | Updated: 21:54 BST, 17 September 2020 Ryanair faced an investor revolt over fat-cat pay as the industry reels from the Covid-19 … Read more
One of Britain’s most powerful investors has told bosses to take the axe to their bloated pay packets first if they intend to cut costs by slashing jobs. Aviva Investors, which manages £346billion of investments, has revealed it is urging boards to cut executive pay before making large scale redundancies. It comes as a survey … Read more
Former Business Secretary Vince Cable calls for Royal Mail to cut fat-cat pay after bosses axe the dividend By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 April 2020 | Updated: 21:51 BST, 20 April 2020 The Business Secretary who led the privatisation of Royal Mail has urged the postal service to cut … Read more
Coronavirus is taking the biggest toll on dividends in modern times, with more than £4.3 billion of payouts postponed or cancelled so far, and big distributors – such as oil majors – still to decide. Preserving capital in times of strife is critical, particularly for banks, because of their key role in supporting the smalland … Read more
Firms told to scrap fat-cat bonuses as they axe dividends and lay off staff during the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 March 2020 | Updated: 21:56 GMT, 25 March 2020 Shareholder advisory service Pirc is urging firms to scrap executive payouts Thousands of businesses have been urged … Read more