But he pointed out that most chief executives have already made millions of pounds over the course of their careers and the still high rewards come “at a time when, in general, government support for the economy has probably been more important to the survival and success of the UK’s biggest companies than the decisions of their executives.”
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Boeing 737 Max: Indonesia lifts ban after 2018 Lion Air crash
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“We have taken enough time to monitor the design modification work and the more than 20 months of rigorous...
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Lastminute.com failed to meet Covid refund deadline
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“Despite being given ample time to return all outstanding refunds to customers – as well as clear instructions regarding...
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Mortgage affordability test scrapped by Bank of England
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“The change in the affordability rules may not be as significant as it sounds as the loan-to-income ‘flow limit’...
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Ukraine conflict: Oil price soars to highest level since 2008
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“While the US might just push through a ban on Russian oil imports, Europe can ill-afford to do the...
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UK officially in recession for first time in 11 years
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Media playback is unsupported on your device Media captionRishi Sunak: “We’re grappling with something unprecedented” The UK economy suffered...
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Hinted tax cuts will be difficult in weak economy – IFS
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“It might be easy to announce immediate tax cuts, without any hint of what it is the state currently...
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Ex-NatWest boss loses out on £7.6m payout after Farage row
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Last month, NatWest, which is 39% owned by the taxpayer, admitted to “serious failings” in its treatment of former...
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New York Times sues Microsoft and OpenAI for ‘billions’
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As well as these actions, there have been many cases brought against developers of so-called generative AI – that...
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