Friday newspaper round-up: Unilever, civil servants, Wegovy

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Sharecast News | 15 Mar, 2024

Unilever could face a potential row with shareholders after it emerged that the new boss of the consumer goods company can earn up to €17.4m (£14.9m) this year if he hits maximum targets. Hein Schumacher, who joined the owner of Marmite, Domestos and Dove in June last year, took home €3.9m for his first six months as chief executive. He earned a €1.86m annual bonus on top of his €1.4m in basic pay and benefits, which included €292,492 to help cover his relocation to the UK, according to Unilever’s annual report published on Thursday. – Guardian

Thousands of people in the UK are being deemed incapable of any work every month due to mental health problems, figures have shown. According to official data published by the Department for Work and Pensions (DWP), at least 20,000 incapacity benefit claims are for mental health problems – making up more than two-thirds of the total. – Guardian

Ministers are planning to crack down on telegraph poles following a community backlash over unsightly broadband infrastructure. Data minister Julia Lopez has written to network operators including BT’s Openreach and Virgin Media O2 urging them to curb the installation of new telegraph poles as they expand full-fibre services. – Telegraph

Civil servants at Britain’s official statistics body have threatened to go on strike after being asked to work in the office for two days a week. More than 1,000 employees at the Office for National Statistics (ONS) are being balloted over strike action after bosses told them to stop working from home full time. – Telegraph

Surging demand for Wegovy has helped the Danish economy to dodge recession, with the country’s growth last year almost entirely driven by Novo Nordisk, the pharmaceuticals group behind the weight-loss jab. Official figures from Denmark’s statistics agency show that the country’s drugs industry, which is dominated by Novo Nordisk, powered the economy’s 1.8 per cent growth in 2023, helping Denmark to avoid the stagnation that has affected most European economies. – The Times

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