The bonus payout to the chief executive of Persimmon will be cut by £25m following fierce criticism over excessive rewards. The housebuilder said Jeff Fairburn had agreed to cut the number of ...
Persimmon said he left by "mutual agreement ... general meeting by announcing that Mr Fairburn's bonus payout would be cut by £25m by reducing the number of shares he was entitled to.
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...