Failing Directors should be Forced to Repay Bonuses, Says Think Tank
Policy Exchange believes this would help prevent company bosses from excessive risk-taking that may result in fall in share prices and huge losses to the firm.
BP 'Evinced Interest' in Buying Gas from Russian Energy Major Gazprom
Gazprom posts a record profit for a second year in a row and becomes the most profitable energy company in the world.
Mis-Selling Derivatives and Mis-Trust: Britain's Banks Face a Crisis of Integrity
The IBTimes UK investigates the broken trust between banks and customers in the wake of a the industry's "septimana horribilis"
Euro 2012: Cristiano Ronaldo Tops Forbes Highest Paid Footballers List, Including Wayne Rooney, Steve Gerrard and John Terry [SLIDESHOW]
Cristiano Ronaldo and Wayne Rooney named highest-earning footballers competing at Euro 2012.
Sir Martin Sorrell's £6.8m Pay Deal Rejected by WPP Shareholders
Shareholder Spring intensifies as stockholders revolt against WPP's CEO Sir Martin Sorrell 60 percent pay hike.
'Shareholder Spring' To Reignite Over Major Rise in FTSE 100 CEO Pay
New report showing the average 10% increase in FTSE 100 CEO wages will likely inflame the shareholders revolt against executive pay
WPP's Martin Sorrell To Face Executive Pay Shareholder Backlash
Advertising giant WPP's CEO will be the latest to face shareholder backlash over his increased executive pay
Revolt Over Royal Dutch Shell Executive Pay Ramps Up
The number of Royal Dutch Shell shareholders opposing company executive pay rises increases.
Executive Pay Reforms: Andrew Moss, Alison Carnwath and the Remuneration Committee Rubber Stamps
As yet more rows start over executive pay, IBTimes UK looks at the issues around salary-setting remuneration committees and the calls for their reform.
Aviva CEO Steps Down After Shareholder Revolt Over Performance, Bonus
Andrew Moss, chief executive of Aviva, had turned down a pay rise after shareholders voiced their concerns on executive pay.
Aviva seeks a new boss as CEO resigns
Aviva, Britain’s second largest insurance company, is now looking for a new boss, just days after its shareholders staged a revolt at last week’s Annual General Meeting.
Aviva Shareholders Revolt Against Executive Pay Packages
Shareholders at British insurer Aviva and Trinity Mirror are the latest in a line of stockholders that vehemently oppose high executive compensation packages
Aviva Shares Surge as CEO Steps Down After Shareholder Revolt Over Bonus
Andrew Moss, chief executive of Aviva, had turned down a pay rise after shareholders voiced their concerns on executive pay.
Battle for Bonuses: Barclays Apology Rekindles Pay Debate
As Barclays' question CEO Bob Diamond's remuneration package and his colleagues' bonus pool, the debate on executive pay, bankers' bonuses and pay legislation intensifies.
Barclays Shareholder Approve CEO Diamond's £17 million Pay After Board Apology
Nearly 73 percent agree to payout despite sharp criticism and slumping Barclays equity returns
French Presidential Elections 2012: First-Round Candidates In Profile
Nicolas Sarkozy, Francois Hollande, Marine Le Pen, Jean-Luc Melenchon: What they stand for.
Barclays Slashes Bonus Pool by Third but Bob Diamond Keeps Options Open
Barclays Bank avoids public relations disaster by slashing bonuses for investment bankers in Barclays Capital.
Network Rail Boss Sir David Higgins Gives up £340,000 Bonus
Network Rail directors have given up their bonuses to use the money for rail safety.
Million Dollar Bonuses: RBS Stephen Hester and Global Income Inequalities
How much money did each of us make in 2011? The chances are, no matter how much each of thought we made, it would have been peanuts compared to the big bucks that CEOs, Presidents of the Board and company Directors would have pocketed! Then consider the fact that median annual wages in the U.S. fell (for 2010) to $26, 364 (the lowest since 1999) and average wages in the UK (for 2011) were £25,900 (a miniscule ...
Nick Clegg Reassures Supporters of His Political Lib Dem Values
Deputy Prime Minister Nick Clegg, has reiterated his political affiliation with liberalism in an attempt to distance his party, the Liberal Democrats, from his Conservative coalition partners.
Cameron Angry Over £500 Million RBS Bonus Plan
Prime Minister David Cameron is set for some action as he warns the state-owned RBS against going ahead with its £500 million bonus plan. Cameron indicated that the government will intervene to prevent the bank from paying out the lavish bounty to some of its senior investment bankers.
Murdochs in Line for Huge Performance Bonuses as James Receives BSkyB Backing
Despite the phone-hacking crisis, the forced closure of the News of the World, the abandonment of the BSkyB deal and an on-going parliamentary and police investigation into the Murdoch's empire, it has been revealed by the Guardian that both James and Rupert Murdoch could be in line for huge bonuses based on the year-to-June performances.
Average weekly pay earnings decrease
Annual growth in the weekly pay and bonuses has decreased according to the Office of National Statistics.
Of banks and intimations
Last week a number of banks issued 2010 first-half results. Northern Rock, HSBC, Standard Chartered and Lloyds all released figures showing overall profits in their operations that were good given the current market conditions in their field of activity. All, including Northern Rock, were able to demonstrate the benefits of the "universal model" of banking and senior executives from these companies, both on and off the record, were keen to emphasise their belief in the continuance of thi...
London Mayor Boris Johnson praises TfL "restraint" as top staff refuse bonuses
Top staff at Transport for London have declined bonuses for this year and the organisation has said that it has continued with its pay freeze for top staff for the second year running.