Boeing shareholders approved a $33m pay package for outgoing boss Dave Calhoun. Source link
Category: Business
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Leeds: Bank of England to increase staff in city from 50 to 700
The Bank of England has announced an expansion of its Leeds office – with one in 10 staff set to be based in the city within three years. Its governor, Andrew Bailey, said the bank’s northern hub would grow from a team of 70 to 500 by 2027. The bank’s overall headcount will remain the...
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Energy bills predicted to fall by 7% in July
If the prediction proves correct, it would mean a typical annual bill could be £500 lower than last summer. Source link
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Can troubled Thames Water avoid collapse?
The water company that supplies clean water and removes waste for a quarter of the UK is, quite simply, drowning in debt. When the company was privatised in 1989, it had no debt. But over the years it borrowed heavily and is currently £15.4bn in debt. A large proportion of that was added when Macquarie,...
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More people seek help for debts as fee scrapped
Debt Relief Orders are available to those on low incomes to clear existing debt and surged as the fee was axed. Source link
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Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for. Source link
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Severn Trent boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving. Source link
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China takes sweeping action to ease property crisis
Government unveils its most significant steps yet to address slump in the country’s property sector. Source link
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Is the move to electric cars running out of power?
There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip? Source link
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Ex-Post Office IT boss blocked Vennells' number
Lesley Sewell tells the Horizon inquiry she was “not comfortable” being contacted by the former chief. Source link