Holding corporations to account on issues like surroundings and social impression might grow to be “virtually impossible” for a lot of shareholders beneath new proposals, activists have warned.The Treasury’s Digitisation Taskforce (DT), which is exploring methods to do away with paper within the UK...
The Confederation of British Industry (CBI) has postponed its annual assembly on the final minute because it tries to shore up its troubled funds.The foyer group mentioned that it was “in positive dialogue” to attempt to get cash that may assist clear up its...
Bosses at Sainsbury’s have mentioned they're “not rip-off retailer” or “profiteers” as they defended the revenue made by the retailer amid scrutiny associated to meals inflation over the previous yr.The firm additionally defended elevated pay packages for its senior executives at its annual normal...
Investors have launched extra environmental campaigns than ever earlier than this 12 months, as extra corporations are coming underneath pressures from a wave of shareholder activism, a brand new report has discovered.The UK is a prime goal for activist traders as main corporations like...
The mum or dad agency of British Gas has mentioned earnings shall be “significantly higher” in its family vitality enterprise over the primary half of 2023.London-listed vitality big Centrica mentioned the retail division, which incorporates British Gas, has been boosted by regulatory modifications that...
