Directors' pay

Opinion Former Comments

CPA: Construction activity falls in weather affected Q1

The latest Construction Trade Survey, published today, shows that activity in the majority of the construction industry fell during the first quarter of 2013 with the impacts of falling demand exacerbated by the adverse impacts of poor weather. Looking forward, industry prospects remain downbeat with contractors, specialists and civil engineers all reporting declining orders for future work.

CML: Repossessions 17% lower in first Q of 2013 than in 2012

The rate of repossession in the three months January to March remained at 0.07% for the fourth consecutive quarter, according to data published today by the Council of Mortgage Lenders. This rate is the equivalent of fewer than 1 in 1,400 mortgaged properties being taken into possession by lenders each quarter.

Economy may be healing but no growth in construction

Today’s GDP figures, published by ONS, show that the UK economy grew by 0.3 per cent in the first quarter of 2013 compared to the previous quarter and was up 0.6 per cent compared to the same quarter a year ago. Construction fared much worse, declining by 2.5 per cent quarter-on- quarter and 5.9 per cent year-on-year.

CPA: Construction Decline In 2013 But Growth In 2014

Construction output is set to fall by more than 2% this year following an 8% contraction in 2012, according to the latest forecasts published today by the Construction Products Association. A recovery is anticipated in the medium-term with growth of 1.9% in 2014 and 3.8% in 2015.

CML: Gross mortgage lending up 9% in March

The Council of Mortgage Lenders estimates that total gross mortgage lending increased to £11.6 billion in March. This is 9% higher than February’s gross lending figure of £10.6 billion but 8% lower than £12.6 billion in March 2012. However, this was just before the first-time buyer stamp duty holiday expired, distorting meaningful comparison.

CML: Lending to first-time buyers increases in February

The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to new data released today by the Council of Mortgage Lenders.

CPA: Product Manufacturers Hit in Weather-Affected Q1

The Construction Products Association’s latest State of Trade Survey indicates that sales of construction products fell during the first three months of 2013 with poor weather exacerbating conditions for the industry.

CML: Gross mortgage lending declines in January

The Council of Mortgage Lenders estimates that total gross mortgage lending declined to £10.5 billion in February. This is 8% lower than January’s gross lending figure of £11.4 billion but a 1% increase from £10.4 billion in February 2012.

IET: New Queen Elizabeth Prize for Engineering seen as a ‘game-changer

The first Queen Elizabeth Prize for Engineering was today awarded to five pioneers of the internet and worldwide web at a ceremony at the Royal Academy of Engineering.

BSA: "House building is an important growth engine for the economy"

In its budget submission to HM Treasury, the Building Societies Association calls for the Government to deliver measures that will boost house building and the economy; protect homeowners at risk of flooding, and assist hard-pressed savers.

27/10/2011

By Ruth Mckee

Pay packets for the directors of the top UK companies have swollen by 50% over the past year, making the average pay for a FTSE 100 director just short of £2.7 million.

Salaries, bonuses and pay packages were investigated by the Incomes Data Service (IDS), which found that chief executives' yearly take-home pay was not far behind, rising
by 43% in the last 12 months.

As well as their healthy pay packets, directors of the top companies enjoyed a 23% hike in their bonus payments, which climbed by 23% from £737,000 in 2010 to £906,000 this year.

Pay settlements outside the boardroom remain shaky with City workers' bonuses predicted to fall this year by 28% to £4.2 billion – which will be the lowest set of bonuses since the banking crisis began in 2008.

TUC: Soaring salaries for directors, wage cuts for the rest

Incomes Data Service: Pay gap between boardroom and shop floor continues to widen

Unite: Directors' pay packets are obscene

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BSIA: Information Destruction Exhibition & Conference 2013

Following the great success of the BSIA's Information Destruction Conference and Exhibition in May 2012, we are pleased to annouce that the event is returning again in June 2013. This one-day conference and exhibition is aimed at key decision makers in organisations that carry out the secure destruction of confidential material.