Thames Water CEO’s £1.5m pay package sparks controversy
Thames Water is under fire for a “flimsy PR stunt” as it prepares to report that its CEO, Sarah Bentley, will receive a pay package of £1.5 million, nearly double her annual salary.
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Category: UK Business News
Barclays, Lloyds, Halifax, and Bank of Scotland to close 63 branches
The closures, scheduled for later this year or early next year, are a response to the increasing preference for online banking over branch visits.
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British Gas owner Centrica faces investor criticism over CEO’s £4.5m pay
Centrica, the owner of British Gas, is receiving criticism from a prominent City investor over the substantial pay package awarded to its CEO.
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Crisis-hit CBI plans job cuts to reduce costs after misconduct allegations
The Confederation of British Industry (CBI), the leading business lobby group in the UK, is set to lay off a significant number of employees in an effort to reduce its wage bill by a third.
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iTEC packing rescued out of administration saving 78 jobs
In a positive turn of events, 78 jobs have been preserved following the acquisition of Mansfield-based iTEC Packing, a food packaging business, by global packaging company Alpla UK.
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