The former chairman of Tesco has told a court that the first time he became aware of a hole in the retailer’s accounts was when he received a phone call in Rome from the new chief executive.
If the Conservatives are trying to prove they’re no longer the nasty party, they have a funny way of going about it.
As he grew up in Dundee, Chris van der Kuyl saw no reason to put limits on his ambition — because the world’s most famous game designers were living in his city.
That’s what you call an “orderly succession” plan — the sort that triggers a shareholder revolt. Not only that: a caper that could result in not the chief executive going, as planned, but the chairman in charge of the process. Lucky it’s all nice and orderly…
Another top ten shareholder in the London Stock Exchange is seeking urgent clarification from the board about the alleged forced resignation of Xavier Rolet, the chief executive.
When talking about investments, most people automatically think about stock markets or real estate. However, you can also invest in yourself or your family. As to the latter, this must be especially relevant to those families that just had or are about to have a baby.
Here’s a top bit of advice: keep your head down if you’re a Hounslow day trader. Always the default suspect with any flash crash caper, especially if the Americans have done their money. Next thing you know, you’re being carted off in your trackie bottoms.
Institutional investors are stepping up pressure on companies to take account of the “wider social context” when they award big increases in executive pay and annual bonuses.