Rolls-Royce boss ‘Turbo Tufan’ gets backing for £18m pay packet Markets The boss of Rolls-Royce looks to have secured the shareholder backing for a multi-million pound pay bump. Tufan Erginbilgic, who took charge of the firm at the start of 2023, is set to win approval for a £18m pay packet, which will see his annual bonus entitlement increase from two to three times his base [...]
Spire Healthcare considering sale amid shareholder pressure healthcare Spire Healthcare has confirmed it is exploring “a range of potential options” for the business, including a possible sale, after mounting pressure from some of its largest shareholders. In a statement to the London Stock Exchange, the private hospital group stressed that no decisions have been taken and that it is not in receipt of [...]
FTSE 100 banks add £80bn in market value this year Banking Shares in the UK’s top FTSE 100 banks, Barclays, Natwest, Lloyds and HSBC have all hit decade highs this year, producing more than £80bn in market value. The banking sector is the second-best performing FTSE 100 sector this year with a return of 37 per cent, second only to the defence sector. The FTSE 100’s [...]
Wise shareholders overwhelmingly approve plans to ditch UK primary listing July 28, 2025 UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]
B&M swaps one tax haven for another June 19, 2025 B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]
Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
‘Misperceived and undervalued’ office renting firm IWG urged to quit London listing September 10, 2024 A leading shareholder in International Workplace Group (IWG) has called for the co-working firm to quit its London listing and relocate to the US to boost its value. Miami-based investment firm Buckley Capital Management, which said it was a top 15 shareholder of IWG, argued that the London market ‘misperceived and undervalued’ IWG. “We believe that [...]