Press Round-Up Short (Premium)
Monday newspaper round-up: FTSE 100 CEOs, Barclays, business fears
The chief executives of FTSE 100 companies will have made more money in 2025 by midday on Monday than their average worker does in a whole year, according to the latest measure of inequality between bosses and their employees. Median pay for FTSE 100 chief executives is £4. 22m, 113 times the median full-time worker’s pay of £37,430, according to the High Pay Centre, a campaign group. That means UK bosses will exceed their workers’ annual pay within 29 hours – or at about 11:30am on Monday, if they started work straight after the new year holiday.
Friday newspaper round-up: Retail footfall, tax, Tesla, Nick Clegg, easyJet
High streets and other shopping destinations have had a “drab December”, ending another year of falling visitor numbers and raising fears of disappointing sales in the most important month for retailers. Attendance at UK shopping centres, retail parks and high streets was down 2. 2% in December compared with the same period in 2023, according to data from the British Retail Consortium (BRC) and analysts at Sensormatic. The decrease was led by a 3. 3% decline at shopping centres.
Thursday newspaper round-up: Shop closures, BoE cuts, Chinese hackers, Post Office
The UK lost about 37 shops a day during 2024 in yet another brutal year for the high street, data suggests. Almost 13,500 retail stores closed for good in the last 12 months, a rise of 28% on 2023 – although the losses were below the levels seen each year between 2019 and 2022, according to provisional figures compiled by the Centre for Retail Research. - Guardian.