• Former chief Dick Fuld and accountants Ernst & Young criticised in 2,200-page report• Claims that buyer Barclays received assets it was not entitled to• Fuld tried to involve Gordon Brown to fast-track Barclays rescue
A court-appointed US bankruptcy examiner has concluded that there are grounds for legal claims against top Lehman Brothers bosses and auditor [...]
• Department store and Waitrose profits up 9.7%• All grades of staff receive payout worth 15% of salary
More than 70,000 staff at the John Lewis Group have been handed a bonus equal to nearly eight weeks’ pay after the department store and Waitrose supermarket chain posted a near-10% rise in profits.
The £151m bonus payout comes [...]
• Department store and Waitrose profits up 9.7%• All grades of staff receive payout worth 15% of salary
More than 70,000 staff at the John Lewis Group have been handed a bonus equal to nearly eight weeks’ pay after the department store and Waitrose supermarket chain posted a near-10% rise in profits.
The £151m bonus payout comes [...]
Staff bonus amounts to 15% of basic salary and is higher than last year
The John Lewis Partnership has handed an annual bonus of £151m to its staff after enjoying a near-10% rise in profits.
The group, which operates 224 Waitrose supermarkets as well as 29 department stores, announced profits, excluding bonuses and tax, of £306.6m this [...]
Developing nations storm Forbes rich list as America Movil’s Carlos Slim beats Microsoft’s Bill Gates to top spot
The old order is under threat at the world’s billionaires club. Traditionally dominated by Americans and Europeans, the top ranks of the world’s richest people have been infiltrated by scores of ultra-rich entrepreneurs from the developing world – [...]