Beaten English readjust targets April 9, 2012 SARACENS boss Mark McCall has backed his team to bounce back from European disappointment and focus on their Aviva Premiership title defence, starting this weekend at London Irish. Defeat against Harlequins at Wembley 10 days ago followed by a 22-3 Heineken Cup exit to Clermont Auvergne on Easter Sunday leaves the domestic champions with just [...]
FTSE dips as investors eye US jobs data July 6, 2012 The FTSE 100 fell in early trading with investors cautious ahead of key US jobs data and still absorbing moves by three central banks to get their country’s economies back on track. Banks in China, Europe and Britain loosened monetary policy in an attempt to boost flagging global growth but ended up spooking investors, who [...]
Aviva cuts 950 Europe jobs as profits wane October 20, 2011 AVIVA will cut nearly 1,000 jobs from its European operations and bring Ireland within its UK business to revive the group’s profitability. Aviva said it would reduce its headcount in Ireland by about 770 – close to half its 1,770 staff – as well as 180 from its European regional operations over the next two [...]
Aviva cuts 950 Europe jobs as profits wane October 20, 2011 AVIVA will cut nearly 1,000 jobs from its European operations and bring Ireland within its UK business to revive the group’s profitability. Aviva said it would reduce its headcount in Ireland by about 770 – close to half its 1,770 staff – as well as 180 from its European regional operations over the next two [...]
Shareholder activism is set to grow further June 12, 2012 INSTITUTIONAL investors are taking an increasingly active role in the firms in which they invest, according to new research that shows the changes in attitude that paved the way for the shareholder spring. Investors are more likely than ever to demand firms provide clarity on long-term strategy and redraft executive pay deals to incentivise good [...]
Quins marry grace and grit, says Greenwood April 25, 2012 EX-HARLEQUINS and England centre Will Greenwood insists his former club are a different prospect to years past as their bid to reach the Aviva Premiership final edges closer. Quins have been superb this season and top the Premiership with their semi-final position already secured, despite last weekend’s 43-33 defeat to nearest challengers Leicester. Though often [...]
One in ten investors reject Shell pay deal May 22, 2012 OIL giant Royal Dutch Shell yesterday suffered an embarrassing investor rebellion when 9.1 per cent of its shareholders voted against its executive pay deal, up from two per cent a year before. Chief executive Peter Voser earned €11.7m (£9.5m) for 2011, double what he took home for the previous year, despite little improvement in the company’s [...]
Shareholder spring targets UBM board pay May 14, 2012 THE SHAREHOLDER spring yesterday hit another leading firm as media group UBM announced it had narrowly avoided defeat on its executive pay deal. More than 47 per cent of investors failed to back the directors’ remuneration report, a result that would have been considered extraordinary before a recent spate of shareholder rebellions against pay levels [...]
Tigers win will give Quins semi lift, says Easter April 19, 2012 HARLEQUINS No8 Nick Easter has urged the Aviva Premiership leaders to lay down a marker when in-form Leicester visit the Twickenham Stoop for tomorrow’s summit clash. Leicester, aided by the resurgent Toby Flood, look a sure bet to join already-qualified Quins in the semi-finals, following last week’s 35-21 win at Northampton, in which the fly-half [...]
City revolt hits more top chiefs May 8, 2012 THE SHAREHOLDER Spring yesterday claimed its highest-profile victim yet as Aviva chief executive Andrew Moss quit the insurance giant following investor protests. His resignation came on the same day that William Hill boss Ralph Topping avoided losing a vote on his remuneration package by the narrowest of margins. Moss, who had led the firm since [...]