More UK firms slash bosses’ pay in bid to survive coronavirus crisis

Firms that ARE doing the right thing by slashing pay in bid to save cash and survive the coronavirus pandemic By Tom Witherow For The Daily Mail Published: 21:51 BST, 1 April 2020 | Updated: 21:51 BST, 1 April 2020 Growing numbers of companies are slashing bosses’ pay in a bid to save cash and … Read more

Now give up your bonuses, bankers told: Industry under fire over pay 

Now give up your bonuses, bankers told: Industry under fire over pay after axing £8bn of dividends By Lucy White For The Daily Mail Published: 21:57 BST, 1 April 2020 | Updated: 21:57 BST, 1 April 2020 Banks are under pressure to cut their bosses’ multi-million pound bonuses after axing more than £8billion of shareholder … Read more

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’ By Daily Mail City & Finance Reporter Published: 21:59 BST, 1 April 2020 | Updated: 21:59 BST, 1 April 2020 Primark’s move to cancel all its suppliers’ orders has been branded ‘unethical’ Primark’s shock decision to cancel all its suppliers’ orders is … Read more

Former Costa Coffee boss Dominic Paul appointed new boss of Domino’s 

Former Costa Coffee boss Dominic Paul appointed new boss of pizza group Domino’s By Daily Mail City & Finance Reporter Published: 22:20 BST, 31 March 2020 | Updated: 22:20 BST, 31 March 2020 Former Costa Coffee Dominic Paul is to take over at takeaway pizza group Domino’s  Domino’s has picked a former Costa Coffee man … Read more

De La Rue sees profits hit by poor start to the year in currency arm 

Passport and banknote maker De La Rue sees profits hit by a poor start to the year in its currency arm By Daily Mail City & Finance Reporter Published: 22:20 BST, 31 March 2020 | Updated: 22:20 BST, 31 March 2020 De La Rue predicts adjusted operating profit for the 12 months ending March 27 … Read more

We urge big business to consign fat cat pay to history

Consign fat cat pay to history: We urge big business to end boardroom excess as virus wreaks havoc By Lucy White For The Daily Mail Published: 22:20 BST, 31 March 2020 | Updated: 22:20 BST, 31 March 2020 Companies cutting dividends and laying off workers in a battle to survive the coronavirus crisis should not … Read more

Neil Woodford protege Mark Barnett dumps all unquoted shares

Neil Woodford protege Mark Barnett dumps all unquoted shares from his Income and High Income funds By Lucy White For The Daily Mail Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Mark Barnett will wash his hands of all the companies his funds own which are not listed on the … Read more

Tie-up between Paddy Power owner and Sky Bet owner gets backing

Bookie tie-up between Paddy Power owner Flutter and Sky Bet owner Stars Group gets backing By Daily Mail City & Finance Reporter Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Bookie merger: The combination of Flutter and the Stars Group will have a turnover of over £4.4bn A £10billion mega-merger … Read more

Carnival cruises launches £4.8bn cash call

Carnival cruises launches £4.8bn cash call as industry shutdown is extended into the summer By Daily Mail City & Finance Reporter Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Carnival has launched a massive £4.8billion cash call to shore up its finances as the industry shutdown was extended into the … Read more