Cairn bonus move, Lyttle and large and the Texit dividend Business Today: the best news, analysis and comment from The Irish Times business desk
about 2 hours ago
Shareholders in Cairn Homes are being urged by a leading advisory company on corporate governance to vote against a move to include chief executive Michael Stanley in a long-term executive share bonus plan this year, ahead of schedule. Joe Brennan reports.
Offaly man John Lyttle, chief executive of UK-listed online fashion retailer Boohoo, remains on course to pick up the largest corporate bonus ever awarded to an Irish executive, despite a dip in its share price on Wednesday after it warned of a slowdown in revenue growth. Mark Paul has the details.
In between browsing websites showing how long your pension pot may last, subject to a range of different criteria, my most important pre-retirement task has involved planning to bring the pensions under one umbrella.
I’m not scheduled to receive a state pension for a good few years, but I do have two similarly-sized pension pots and it makes sense to consolidate the pair. The problem I’ve grappled with is this: one pot is managed and comprises mostly shares in UK-listed companies; the other, which is self-managed, has a much broader global scope and a far greater number of holdings. While both pots experienced a setback last March, they’ve since performed admirably.
In between browsing websites showing how long your pension pot may last, subject to a range of different criteria, my most important pre-retirement task has involved planning to bring the pensions under one umbrella.
I’m not scheduled to receive a state pension for a good few years, but I do have two similarly-sized pension pots and it makes sense to consolidate the pair. The problem I’ve grappled with is this: one pot is managed and comprises mostly shares in UK-listed companies; the other, which is self-managed, has a much broader global scope and a far greater number of holdings. While both pots experienced a setback last March, they’ve since performed admirably.
Tesco urged to consider health impact as it extends plant-based target into Central Europe The supermarket’s goal to increase sales of plant-based meat alternatives by 300% by 2025 could fall foul of the UK government’s plans to restrict promotions of unhealthy foods from April next year, a group of investors has cautioned.
The warning comes after the UK’s largest supermarket agreed to increase healthy food options at its operations in Europe as well as the UK and Ireland after pressure from a group of seven institutional investors.
The coalition of Tesco activist investors is led by ShareAction, which in February filed a shareholder proposal calling on Tesco to reduce its exposure to less healthy food and drink products. The move was the first health-based shareholder resolution filed at a UK-listed company.