Stelios Challenges easyJet ‘Fat Cat Bonuses’
The founder of easyJet Sir Stelios Haji-Ioannou has criticised “fat cat bonuses” at the airline, saying directors who have threatened to resign over pay should go ahead and do so.
Archive for the News Category
RBS Boss Caves In And Waives £1m Bonus
The Royal Bank of Scotland has announced that its chief executive Stephen Hester has decided to waive his £1m bonus.
Public Wants Top Bosses’ Pay Reduced
Boardrooms should “wake up” to the gap between sky high executive pay and public opinion, according to a new report.
Labour To Force Vote On Stripping RBS Bonus
Labour is to force a Commons vote calling for Royal Bank of Scotland chief executive Stephen Hester to be stripped of his £1.4m bonus, a party source has said.
Osborne: Eurozone Must Show Colour Of Money
George Osborne has reinforced his message to the eurozone that Britain is “ready” to help boost IMF resources to bail out struggling economies – but only if strict criteria are met.
RBS Boss ‘To Be Offered 12 Million Shares’
RBS chief executive Stephen Hester is likely to be offered a potential bonus of 12 million shares for 2012, according to Sky News sources.
Treasury To Get Ultimate Bank Bailout Powers
The Treasury is to be given sole power over when to bail out banks in the event of another financial crisis, under new plans announced by Chancellor George Osborne.
RBS Boss Under Pressure To Forgo £1m Bonus
The CEO of taxpayer-owned Royal Bank of Scotland has come under pressure not to accept his bonus for this year of almost £1m – as the Chancellor defends the money saying “the alternatives would have been worse”.
Subway Sandwich Chain To Create 6,000 Jobs
Sandwich chain Subway is to expand its presence in the UK and Ireland, creating 6,000 jobs over the next three years.
Nokia Loses Smartphone War Amid £1bn Loss
Nokia has reported a billion pound loss for last year as the world’s largest mobile phone maker struggles to maintain its market position.
