Wm Morrison Supermarkets PLC sees 70% revolt against directors' pay
David Potts, chief executive, is set to receive the maximum £1.7mln bonus even though profits after coronavirus costs fell to £165mln from £435mln
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David Potts, chief executive, is set to receive the maximum £1.7mln bonus even though profits after coronavirus costs fell to £165mln from £435mln
The Upper Crust and Ritazza owner will be one of only a couple of major firms reporting figures at the mid-point of the week
Both might have breached competition law by failing to offer cash refunds said the CMA
Ferrari takes fight to Tesla by hiring CEO with reputation as electronics innovator Analysts at UBS said the appointment removes some of the uncertainty that has kept the stock under pressure over the past few months Ferrari NV (BIT:RACE)(NYSE:RACE) has appointed tech specialist Benedetto Vigna as its new chief executive. The 52-year old Italian national will join the sports car maker at the start of September from STMicroelectronics NV (NYSE:STM), the Franco-Italian electronics and semiconductors group where he has worked since 1995. He is currently on STM's executive committee and himself...
Bristol-based 'flying taxi' firm to list in US through SPAC deal - report In March, Vertical Aerospace announced it would be working with Rolls-Royce to develop the engines. Two of the UK’s highest-profile entrepreneurs are to list a ‘flying taxi’ business in the US with an estimated value of US$2bn. OVO Energy founder Stephen Fitzpatrick is in talks to merge his Vertical Aerospace business with Broadstone, a special acquisitions company or SPAC set up by Hugh Osmond, who is best known for his involvement in Pizza Express, Punch Taverns and insurer Phoenix Group. Sky News reported that ...