The housebuilder will forever be remembered for the £80m bonus which led to the resignation of chief executive Jeff Fairburn. Under the same scheme, Jenkinson received more than £40m.
The executive chairman of JD Sports has sold £13.3m of shares as part of his ‘family’s financial planning’. Peter Cowgill made the sale of 1.98m shares yesterday at a price of 671.7p.
The announcement follows 3,000 job losses at Aston Martin, McLaren and car dealership Lookers in recent days. And Unions estimate at least 1,000 further jobs have been cut across the motor industry.
Major shareholders have refused to comment on whether they will be pushing the bank to change its stance after it said it supported draconian laws Beijing is imposing on Hong Kong.
As President Trump celebrated a surprise fall in unemployment in the face of the coronavirus pandemic, the FTSE 100 index rose 2.25 per cent, or 142.86 points, to a 13-week high of 6484.30.
The AIM All-Share index rose 2.7 per cent to 901, recovering to February’s levels, while the FTSE 100 shot up 5.5 per cent to 6,416 – still below pre-pandemic figures.
The world-famous outlet shopping centre is preparing to spring back into life on June 15 when ‘non-essential retailers’ are allowed to open up again.
The WeWork rival will pay out a dividend of 36.2p for the 12 months ending March 2020, up from 32.9p the year before on the back of higher net rental income and trading profit after interest.
The Bank’s Monetary Policy Committee is expected to add another £100billion to the so-called quantitative easing stimulus package when it meets this month.
The tonic maker Fever-Tree saw sales from supermarkets and off-licences surge in the first full month of lockdown, as we hit the gin while stuck at home.