The UK-listed bank paid its chief executive £10.7 million last year, 46% more than he earned the previous year.
Business
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Business
Record January tax surplus of £15.4 billion falls short of City forecasts
by News Roomby News RoomGovernment in the black last month but £5 billion less than forecast by the OBR in October
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Polling by the British Retail Consortium found expectations for the economy worsened for the fifth consecutive month in February.
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Business
Parents should not face ‘mandatory’ extra charges to access funded childcare
by News Roomby News RoomNeil Leitch, chief executive of the Early Years Alliance, said: “While we fully agree that families should be able to access early entitlement hours without incurring additional costs, in reality,…
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Business
Former Siemens boss appointed Great British Energy interim chief executive
by News Roomby News RoomDan McGrail, the current chief executive of trade association RenewableUK, will work for the new publicly-owned clean energy company in Aberdeen.
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Business
London’s town halls can help pull in the tech investment that will drive growth
by News Roomby News RoomThis approach has seen significant investment into the long-cycle industries of the future: life sciences, climate tech, cyber security, AI, fintech, the creative industries, digital, defence tech, TV and film.…
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Roxy Media, the media production firm run by the TV presenter and husband Dan Baldwin, was hit with a winding up order earlier this month
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Business
Luxury hotels group Firmdale has sold 20% stake to Swedish pharma tycoon
by News Roomby News RoomIt is the first time that a significant stake in Firmdale has been sold to an external investor since it was founded in 1985 by husband and wife team Tim…
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Business
Ofgem reveals ‘low or no standing charge’ energy tariff plan to help cut bills
by News Roomby News RoomStanding charges are applied daily, regardless of how much energy the customer uses, and many campaigners say they affect vulnerable customers more.
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Business
Small firms to cut jobs amid cost woes and new worker rights, finds poll
by News Roomby News RoomA poll by the Federation of Small Businesses (FSB) revealed that 33% of companies expect to reduce their workforce.