Governance thinktank asks whether he has earned a hundred times that of many of his employeesAstraZeneca’s chief executive, Pascal Soriot, received a pay package of…
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Category: Business
Nice targets, but scepticism is hard to shake at Barclays | Nils Pratley
Pledge to return £10bn to shareholders is overshadowed by investment division concernsA 9% rise in the share price counts as an enthusiastic reception for a…
View More Nice targets, but scepticism is hard to shake at Barclays | Nils Pratley
Badenoch v Staunton: a public mudslinging over the Post Office
The origins of the row between the business secretary and former chairman, and what’s at stakeIt’s not often that relations between politicians (particularly Conservative ones)…
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Digital bank Monzo expected to gain £350m funding boost
Alphabet’s CapitalG fund among investors understood to be taking stake in company founded in 2015Monzo is set to clinch another £350m in funding from investors,…
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UK shows signs of recovery from mild recession, says Bank of England
Bank’s governor predicts Britain’s economy will receive a boost when interest rates start to fall later this yearBritain is showing signs of recovery from its…
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The Body Shop to cut 300 jobs at head office and dozens of stores could close
Administrators tell staff seven shops will shut immediately but no more than half of chain will be closedThe Body Shop is to cut 300 jobs…
View More The Body Shop to cut 300 jobs at head office and dozens of stores could close
UK and US hack the hackers to bring down LockBit crime gang
Four arrests, including in Poland and Ukraine, and victims will be helped to recover encrypted dataA massive law enforcement operation has seized the “command and…
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Electric flying taxi company gets another £8m from government
Vertical Aerospace’s total taxpayer backing rises to £37m but investors largely remain scepticalBritain’s flying taxi pioneer, Vertical Aerospace, has been handed another £8m grant from…
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I have your back, Rishi Sunak tells farmers at NFU conference
Sunak becomes first PM to address conference since Gordon Brown in 2008, as part of courting of farming sectorRishi Sunak has told farmers “I have…
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Barclays to cut costs by £2bn, raising fears of further job losses
Bank announces drop in profits to £6.6bn as it says it plans to return more to shareholdersBusiness live – latest updatesBarclays is to cut £2bn…
View More Barclays to cut costs by £2bn, raising fears of further job losses