How much is too much? The CEO pay predicament April 23, 2024 A growing number of London-listed companies have been asking shareholders to approve radical pay rises for their top execs. Why?
B Lab delays decision on whether Havas London will remain a ‘B Corp’ April 22, 2024 Media giant Havas London’s B Corp status continues to hang in the balance, after the accreditation’s gatekeeper chose to delay the conclusion of its investigation into whether its work with Shell is reconcilable with B Corp values.
‘Magnificent Seven’ sell-off ahead of big week for big tech April 22, 2024 Big tech share prices have been dented by a sector-wide sell-off of risky assets ahead of four "Big six" firms reporting Q1 results.
Man behind O2 Arena plots rival London venue April 21, 2024 The American businessman behind Manchester’s new £365m Co-op Live arena is considering building a second glitzy venue in the UK, this time in Hammersmith, arguing the capital is underserved by its current entertainment options.
Asda bosses warned payroll switch could cause problems, report claims April 21, 2024 Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.
Getir departure from UK market could put 1,500 jobs at risk April 21, 2024 Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Losses at Pod Point deepen amid wider tail-off in electric vehicle sector April 18, 2024 Falling revenue at Pod Point led the electric vehicle (EV) charger provider to post larger losses in 2023, according to its full-year results.
National Grid set to profit from Hunt’s full-expensing tax relief scheme April 18, 2024 The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.
Strong appetite for travel helps Easyjet reduce losses over the winter period April 18, 2024 Easyjet has continued to benefit from travellers' strong appetite for travel in the wake of the pandemic, seeing an uptick in passengers and reducing the traditional "seasonal" winter losses in its half-year trading update.