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...But employees at large companies including British Airways and Next Retail saw their median pay gap widen over the past year, while income inequality in sectors including mining, finance and construction...
...The British pharmaceutical company is preparing for a vote on its long-serving leader’s pay at the annual meeting on Thursday, including a rise that would take his package to a maximum of £18.7mn....
...British Airways owner International Airlines Group expects another record summer amid unrelenting demand from holidaymakers and as tech executives drive a recovery in business travel....
...The one conclusion we can draw is that Action disproves the argument that for London-listed companies, New York valuations are out of reach....
...Associated British Foods shares rose by 9 per cent after the Primark owner beat market expectations....
...Associated British Foods, which also owns food brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profit to £881mn for the six months ending March 2, up from £644mn a year earlier....
...It has been a while since British Airways boasted it was the “world’s favourite airline”....
...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
...The British boxmaker said on Wednesday it had received a second all-share offer, this time from International Paper....
...The company’s divisions cover renewable and thermal power generation, energy retail through British Gas, energy trading as well as storage....
...The “squeezed middle” refers to British middle-income households that are too wealthy to access state support yet not affluent enough to survive recessions unscathed....
...Banks needed to invest in stimulating British business, he added, by providing financing for early-stage companies to help them grow and eventually list....
...It was founded in the 1970s by Jan Nasmyth, a former Treasury official and British Army officer, as a weekly newsletter called Europe-Oil Prices covering European petroleum products....
...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....
...British American Tobacco said on Thursday that it was working on divesting some of its nearly 30 per cent stake in India’s largest tobacco company ITC, potentially paving the way for it to resume share buybacks...
...Ian Fletcher, policy director at the British Property Federation, said the study reinforced the sector’s call for “a better resourced and more streamlined planning system”....
...British Airways is under particular pressure to improve its operational performance, after only 60 per cent of its flights at London’s Heathrow airport were on time last year....
...British Airways is turning to greater use of artificial intelligence to improve its flight operations that have suffered a series of meltdowns in recent years....
...The 68-year-old Shell Petroleum Development Company of Nigeria will be acquired by a consortium of local and international companies for at least $1.3bn, the UK-listed oil major said on Tuesday....
...Total retail sales increased at an annual rate of 1.1 per cent last month, down from 1.2 per cent in January, said trade body the British Retail Consortium....
...Inchcape, the UK’s largest automotive distributor, is to sell its British dealerships for £346mn in cash, completing a strategic review it kicked off earlier this year to simplify its business....
...British Land has a head start on a new lab quarter. Its Regent’s Place campus is located on the doorstep of Imperial College, UCL and the Francis Crick Institute....
...“My passion for this great British brand remains as strong today as it was when I founded the business,” he said....
...The storage group is the latest UK company to have been taken over in recent months, in a climate in which British stocks are trading at steep discounts to their US peers....
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