C&W chief accepts 75% payoff cut
Cable & Wireless has finally settled a dispute with ousted chief executive Graham Wallace over the size of his settlement payment, giving him barely a quarter of the ...
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Britannic bins bonus and dividend payouts
Life insurer Britannic announced today that is scrapping its final 2002 dividend payment to its shareholders as well as deferring the annual bonus for its one million wit...
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Former Kmart executives charged with fraud
Two former executives at Kmart, the bankrupt discount retailer, were facing criminal and civil fraud charges yesterday, the latest in a series of allegations to have sull...
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I was blown away
When Bruce Lundvall got a message that a woman in accounts was looking for him his first thought was that he had another royalty payment problem to smooth over. The boss ...
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Irate City puts Pru chief under pressure
Jonathan Bloomer, the chief executive of Prudential, was under pressure last night after he signalled that the insurer's dividend was likely to be cut despite recent assu...
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Red tape restricts aid to world's poor
Millions of the world's poorest people are suffering because Brussels bureaucracy is slowing the payment of aid, EU officials admitted yesterday.
Poul Nielsen, the EU c...
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Past currency
Micropayments are back. Despite at least half a dozen failed attempts to persuade internet users to pay for low value information and services one penny at a time, a new ...
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BT denies it needs ?1.5bn pension plug
BT yesterday moved to quell fears that it will have to make a massive one-off payment into its pension fund to deal with an ever-deepening funding black hole.
The compa...
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US demands air travellers' data
All passengers flying to the US from Britain will have personal information, including credit card details, handed over to the American authorities before they set foot o...
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Brown should send stamp-duty to join window tax
Usually at this time of year, with a heavy thump, a parcel arrives in this office, courtesy of the London stock exchange.
Ahead of the Budget, this multi-tome affair, s...
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