Independent on Sunday: Britain is afraid to stop printing money
On the fifth anniversary of 0.5 per cent interest rates, it is clear we’re too afraid to stop the money printing presses. The punishment of savers is moving from a temporary misfortune to a generational shift. Assets that should have fallen dramatically in value have been supported while those who rely on savings are hurting.
Sunday Times: Barclays boss to pocket £5m despite profit fall
Barclays is set to stoke the controversy over bankers’ pay as it prepares to hand over a share award of almost £5m to its chief executive. Antony Jenkins will land the payout next week, days after Governor Mark Carney fleshes out the Bank of England’s plans to tighten City bonus rules. Barclays’ profit fell 32 per cent last year.
Mail on Sunday: Advertising mogul Sorrell bags £23m of shares
Sir Martin Sorrell, chief executive of WPP, has received shares worth almost £23m as part of the advertising giant’s long-term incentive scheme. The award, which will be confirmed in the annual report, is part of a long-term plan that has now been replaced following investor discontent.Reuse content