Category: Executive pay and bonuses

Water bosses face bonus bans if their companies discharge sewage illegally

Senior executives took £26m in bonuses and other benefits in past four years despite 140,000 sewage overflows a yearWater company bosses who preside over illegal sewage spills face a ban on their bonuses.The environment...

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Labour rules out raising corporation tax above 25% in next parliament

Shadow chancellor Rachel Reeves tells business summit of measures to boost investment, productivity and certaintyLabour will not raise corporation tax above its current rate of 25% during the next parliament, the party has...

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Banks among biggest beneficiaries of Kwarteng’s mini-budget

From scrapping the cap on bonuses to slashing red tape, the chancellor unveils a raft of policies he says will boost economic growthBanks will be among the biggest beneficiaries of Kwasi Kwarteng’s mini budget after he...

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‘A budget for the 1%’: government accused of huge tax cut for super-wealthy

Kwasi Kwarteng’s measures benefit the rich at expense of struggling families, say criticsMini-budget 2022: what does it mean for your money?The panel: does the mini-budget offer any solutions?Live updates: reaction to...

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‘No way’ Truss’s policies are trickle down economics, says minister

Foreign Office minister Gillian Keegan replies to Joe Biden pouring scorn on tax cuts for the rich and businessesOne of Liz Truss’s ministers has said her government’s approach can in “no way” be...

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Liz Truss signals further tax cuts could be on way in hunt for economic growth

PM’s remarks suggest tax cuts set to be unveiled in Friday’s ‘fiscal event’ may not be the last, with full budget expected in NovemberLiz Truss has signalled that further tax cuts could be on the way as...

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Reports Kwarteng will lift cap on banker’s bonuses infuriate unions

Unite leader deplores prospect of post-Brexit deregulation drive ‘when millions are struggling’Unions have reacted with fury to the prospect of the government scrapping a cap on bankers’ bonuses, as ministers...

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