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...The package will include a new restricted share plan worth 125 per cent of salary, vesting over three years....
...PPE Medpro was awarded government contracts worth more than £200mn within weeks of its incorporation in May 2020....
...The board members also questioned why Freshfields was being paid so much and why KPMG had bypassed the normal procedure for procurement worth more than $500,000, which insiders said required executive committee...
...The vast majority of those polled, drawn from professionals focused on mid-market deals worth £500mn-£1bn, did not expect a fully functioning IPO market before the final quarter of 2024....
...So the money in my Isa that I’ve invested £20,000 would now be worth £40,000. Have I now got a tax problem? Moira O’Neill No....
...The government has separately sued PPE Medpro — which obtained contracts worth more than £220mn during the Covid pandemic — in civil court over alleged quality issues with personal protective equipment provided...
...a fossil fuel- and plastic-free event and proudly celebrates local traders, with two-thirds of its 175 chalets showcasing the best of the south west: from Mendip Hills Aldwick Estate wines to Colebrook Clay...
...It appealed for “flexibility” with debt repayments to avoid the need for damaging cuts worth hundreds of millions of pounds “next year and every financial year” to meet pay pressures....
...Under a bonus scheme agreed in 2019, O’Leary can earn share options worth around €100mn if the airline’s share price hits €21 for 28 days, or it reports €2.2bn in annual profits after tax....
...“But an annuity is only worth the bet if one lives to a ripe old age. And then an increasing annuity is the only sensible option....
...The major tax break, which was made permanent by the Conservative government in November, is intended to boost capital investment and is worth up to £11bn a year....
...Apply that system to February 2024, UK inflation stats for which will drop next week, and you get: (4pp [Jan 2024 y-o-y rate] – 1.1pp [February 2023 m-o-m rate]) + ???...
...Moira O’Neill is a freelance money and investment writer. X: @MoiraONeill, Instagram @MoiraOnMoney, email: moira.o’neill@ft.com....
...Cynthia O’Murchu is an FT investigative reporter. Robert Smith is an FT capital markets correspondent Follow @FTMag to find out about our latest stories first...
...Sticking with the pain of speeding up settlement is worth it....
...Hunt’s decision to extend business rates relief for the retail and hospitality sectors — worth up to £110,000 per business — would be a help to Arros QD but the tax continues to irk industry....
...“I would rather not take on the second patient as the risks and the stress are not worth the fees.”...
...And I think it’s always worth remembering that like growth is a means to an end. It shouldn’t be an end in itself....
...Finally, do read Ramachandra Guha in Foreign Affairs on “India’s feet of clay: how Modi’s supremacy will hinder his country’s rise”....
...Everything had to be a statement, and something worth diarising....
...They are worth the wait, only six months ahead, but then they realise a Shelley-like vision of beauty, not pied but delicately coloured....
...Something properly historic happened in Brexitland last Saturday: Sinn Féin’s Michelle O’Neill was sworn in as first minister of Northern Ireland....
...Wifedom: Mrs Orwell’s Invisible Life by Anna Funder (Viking/Knopf) Funder, author of Stasiland, her prizewinning account of the East German secret police, takes six letters written by Eileen O’Shaughnessy...
CAF Bank posted unrealised losses worth two-thirds of its reserves in wake of rate rises
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