UK

Tesco paid £3m to two outgoing directors

Former staff Tim Mason and Richard Brasher received payouts while executive directors miss out on annual bonuses, the annual report says

Thursday, May 23, 2013 (Financial Times )

M&B warns of subdued consumer confidence

Pub group to target key customers in an up to £80m capital spend programme to turn round the chain following weak trading after Christmas and Easter

Thursday, May 23, 2013 (Financial Times )

Glencore Xstrata raises $5bn in bond sale

First tranche of funding since $76bn merger was completed three weeks ago comes amid record low yields for investment-grade corporate bonds

Thursday, May 23, 2013 (Financial Times )

UK water utilities: plugging cash leaks

UK water utilities are appealing because of their regulated, consistent returns. The issue is squaring those returns with customer expectations

Thursday, May 23, 2013 (Financial Times )

Water giant United Utilities sees profits leap to £305m

United Utilities, the country’s biggest listed water company, showed today just why there is so much takeover interest in the sector with an 8.7 per cent jump in pre-tax profit to £304.7 million.&n

Thursday, May 23, 2013 (Independent )

SABMiller capitalise on rising demand for premium lagers

Brewer SABMiller today grabbed an bigger slice of a shrinking UK beer market and flagged up a major push for its Pilsner Urquell brand.    

Thursday, May 23, 2013 (Independent )

BT chief Ian Livingston gets £9.1m but Tesco boss Philip Clarke misses bonus

Two of the FTSE’s biggest bosses have banked rather different pay packets, it was revealed today.    

Thursday, May 23, 2013 (Independent )

New City watchdog kicks off with £3m fine for JPMorgan

The new City watchdog issued a statement of intent today, slapping a £3 million fine on JPMorgan’s wealth management arm.    

Thursday, May 23, 2013 (Independent )

Global panic puts a halt to FTSE's upward charge

The FTSE 100’s surge towards all-time highs was brought to a spectacular halt today as panicking investors dumped shares in a global sell-off.    

Thursday, May 23, 2013 (Independent )

FTSE falls sharply from record high as global panic causes share sell-off

The FTSE 100’s surge towards all-time highs was brought to a spectacular halt today as panicking investors dumped shares in a global sell-off.    

Thursday, May 23, 2013 (Independent )

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