Bosses' pay skyrockets as shareholders' powers to tackle high pay branded 'flop'

Bosses’ pay skyrockets as shareholders’ powers to tackle high pay branded ‘flop’

Moves giving shareholders the power to tackle bosses eye-watering pay packets have “flopped”, research suggests today. The High Pay Centre think tank says that 2014 and 2018 every single FTSE 100 company pay policy put to an annual meeting was approved by shareholders. The study found that of more than 700 pay-related resolutions voted on […]

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Tory Chris Davies faces being booted out of Parliament after expenses conviction

Tory Chris Davies faces being booted out of Parliament after expenses conviction

Tory MP Chris Davies faces being booted out of Parliament after a recall petition was officially launched. Mr Davies, 51, was fined £1,500 and ordered to carry out 50 hours’ community service after he admitted giving false information for his Westminster expenses. He spared jail yesterday at Southwark Crown Court – and isn’t being thrown […]

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UK should copy European levels of spending to end austerity experts say

UK should copy European levels of spending to end austerity experts say

The UK should move towards European levels of taxation to end austerity. The centre-left Institute for Public Policy Research found that public spending would rise by £2,500 per person per year if the UK matched government spending in similar European countries, such as France and Germany. Such an increase would see Government spending increase from […]

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Kevin Maguire: General election will root out self-serving Tories - Kevin Maguire

Kevin Maguire: General election will root out self-serving Tories – Kevin Maguire

No wonder Tories are running scared of a General Election when a poll puts Labour five points ahead of them and Jeremy Corbyn would be Prime Minister. I readily acknowledge others find the Conservatives leading but the possibility of a radical socialist Government in power is why clinging to high office is all that unites […]

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Kevin Maguire: May’s down the pan — we deserve Labour – Olivia Waring

Time’s up for Theresa May but let’s not blunder blindly into a Brexit disaster with an unelected Tory caretaker. Flushing away a powerless Prime Minister — along with the Article 50 Europe exit clock — would give crucial space for a rethink and a general election. We are a humiliated nation, the laughing stock of […]

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David Cameron’s youth project ‘set to spend up to £10million on marketing campaign’

David Cameron’s pet youth project is set to blow up to £10million on a marketing campaign. The former Prime Minister set-up the under-fire National Citizen Service in No10 and has championed it since quitting Downing Street. It is looking for a “brand and creative agency partner” in a contract worth between £4million and £10million. The ex-PM says […]

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Philip Rycroft: Brexit Department chief set to retire aged 57 – on Brexit Day

The Brexit department’s most senior civil servant has announced he is to take early retirement, with just 22 days to go until Britain leaves the EU. Philip Rycroft is expected to leave the Department for Exiting the European Union (DExEU) at the end of this month aged 57. The final working day of the month […]

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Government pays £33m to Eurotunnel over ‘secretive’ handling of no-deal Brexit ferry contracts

The UK government has had to pay £33m to Eurotunnel after accusation of “secretive” process over no-deal Brexit ferry contracts. Eurotunnel has withdrawn its legal claim against the Department for Transport over post-Brexit ferry contracts after reaching the financial agreement, the Government said today. The company says the contracts were handed out in a “secretive” way. […]

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Council tax: England’s first £2,000 bill REVEALED as families hit by Tory cuts

England will see its first standard £2,000 council tax bill this April as families shoulder the burden of years of Tory cuts. Hard-pressed residents of Rutland, East Midlands, are poised to see the annual bill for a Band D home tip over the eye-watering threshold for the first time. The Tory-run county hall is hiking […]

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Brexit: Families already have £1,500 LESS to spend since 2016 referendum

Household incomes have taken a £1,500 hammering since the Brexit referendum, experts reveal today. The UK has experienced the sharpest slowdown in income growth of any comparable economy, reveals the Resolution Foundation think tank study. Higher than forecast inflation has also fuelled a plunge in families’ spending power compared with predictions from before the 2016 […]

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