Thames Water’s chief executive has been forced to defend senior executives receiving £770,000 worth of bonuses after the beleaguered water company swung to a loss of £190m and a 40 per cent rise i
Rachel Reeves confirmed in the Autumn Budget HS2 will terminate at Euston station, following a political kerfuffle over how to find the necessary funding.
The chief executive of Robinsons squash maker Britvic has received a bumper pay day ahead of the group’s £3.3bn takeover by Carlsberg. Simon Litherland has been handed a £4.68m pay packet, up from
The heads of the Financial Conduct Authority (FCA) told MPs they will not adopt a “light-touch” approach to regulation today after criticism the City watchdog has hampered growth with burdensome r
Lawyers at US law firms across the City are poised to receive their bonus payouts following another year of fierce competition in the industry. In a year that saw US law firms Quinn Emanuel and Gibson
The value of companies fleeing the London Stock Exchange for foreign markets has reached £107bn this year after FTSE 100 Ashtead announced it would be heading across the Atlantic today. In a statemen
Harrods, the crisis-hit iconic London department store, is braced for another blow as hundreds of workers voted to strike over the critical Christmas period. Employees represented by the United Voices
The global airline industry is expected to make $1trn (£783.7bn) in revenue for the first time in its history next year, as passenger demand continues to break records in the post-Covid era. The Inte
The departing chief executive of Easyjet has been handed a golden goodbye to the tune of almost £3m ahead of stepping down next month. Johan Lundgren has pocketed £2.88m ahead of handing over to Ken
Amir Khan’s Global Fighters’ Union has called for broadcasting revenue to fund better working standards for boxers, mixed martial artists and other competitors in combat sports. The Global Fighter