There’s no escape from debt in retirement, according to new statistics published today.

The chief executive of Reed Elsevier, the FTSE 100 publishing group which is facing a boycott by academics over the cost of accessing scientific research articles, earned a £3m package last year.

High pay is good for Britain. In fact it is more than good, it is vital. The simple fact is that the top 1 per cent of earners take home 13 per cent of all the salaries, but pay 28 per cent of all the income tax.

No Pain, No Gain

Schroders' chief investment officer, Alan Brown, is standing down as part of a shake-up at the venerable fund manager after a year when performance fees halved and private investors pulled billions out of the company.

Four executives are in line to pocket the lion's share of a £100m paper fortune from a lucrative incentive plan after turning round a string of unloved industrial assets.

Domino's Pizza UK has handed its new chief executive a further million share options, after an initial award of a million last year, as part of a "special recruitment incentive".

Warren Buffett, the motorbike-riding octogenarian, billionaire investor nicknamed "The Sage of Omaha", has outlined a succession strategy for his $143.6bn-revenue business empire.

HSBC's chief executive, Stuart Gulliver, will tomorrow bring an end to the recent trend of banking bosses passing on their bonuses.

The Royal Bank of Scotland's chief executive and chairman may both have given up their bonuses but the state-owned bank will today unveil plans to lavish up to £785m on its workforce, including £400m for its investment bankers.

HSBC is to issue tens of millions of pounds worth of new shares to pay its top staff their bonuses.

Manchester United's revenue increased to £175million in the last six months of 2011, the Barclays Premier League club announced today.

Lloyds Banking Group stripped 13 executives of some of their bonuses for 2010 today in the wake of the scandal over payment protection insurance.

Outlook It is common for executives to start tearing their (thinning) hair when the subject of corporate governance is mentioned. A commonly held view among the business elite is that it amounts to little more than box ticking while taking up an inordinate amount of time.