The shareholder revolt sweeping through the City claimed its biggest scalp yesterday when Andrew Moss abruptly quit as the boss of giant insurer Aviva, a move cushioned by a pay-off of £1.75m.

Andrew Moss quits insurance giant to join ex-AstraZeneca and Trinity Mirror chiefs

Shareholders have claimed another high-profile scalp as Britain's biggest insurer announced the abrupt exit of its chief executive.

Independent on Sunday: Pay and eco protesters head back to the City

Shareholders are becoming bolder – and a welcome, if belated, development that is, too.

Sly Bailey, one of the most powerful women in the British media, quit her post as chief executive of Trinity Mirror yesterday after a revolt by shareholders who demanded that she cut her lucrative bonus package.

Sly Bailey, one of the most powerful women in the British media, quit as chief executive of Trinity Mirror yesterday after a revolt by shareholders who demanded that she cut her lucrative bonus package. The news prompted a cheer in the newsroom of the company's Daily Mirror, where staff played a YouTube clip of a scene from The Wizard of Oz: “Ding-dong, the witch is dead...”

Sly Bailey, chief executive of Trinity Mirror, today announced she is stepping down and is expected to leave by the end of the year.

The root-and-branch American review of operations at Liverpool, which was being personally supervised on Merseyside by principal owner John W Henry yesterday, has led to the club ditching its popular weekly club magazine in favour of a monthly publication, to be published by the same London company which produces Manchester United's magazine and match programme.

The launch this weekend of The Sun on Sunday is set to trigger the biggest British tabloid battle for years and generate a cash bonanza for broadcasters as rival newspaper groups fight for advertising space to promote their titles.

The launch this weekend of the Sun on Sunday is set to trigger the biggest British tabloid battle for years and generate a cash bonanza for broadcasters as rival newspaper groups fight for advertising space to promote their titles.

Trinity Mirror is to lay off nearly 20 per cent of its national newspaper journalists as it merges the editorial teams of the Daily Mirror, the Sunday Mirror and The People.