Ocado: CEO pay jumps despite heavy losses and flagging share price The chief executive of Ocado has seen his pay jump despite continuing heavy losses at the technology and grocery platform. Tim Steiner took home more than £2.6m for his company’s latest financial year, a rise from the £1.9m he was awarded in the prior 12 months. The increase was mainly driven by a rise in [...]
Deliveroo: Push into retail and groceries drives growth Retail Deliveroo has said its retail and grocery partnerships drove growth in the last quarter of the year despite a still-tough trading environment. Its share price rose nearly five per cent in early trades. The delivery company launched its on-demand grocery service in March 2020, and has since partnered with a range of brands, with companies [...]