Chief executive pay jumps 11% to almost £4m last year
Chartered Institute of Personnel Development Chief executive pay rose much faster than for the wider workforce in 2017, a report has claimed. Source by [author_name]
Mike Ashley vows to keep most House of Fraser stores open
Sports Direct founder says “you can hold my feet to the fire” on his pledge to retain most of the 59 outlets. Source by [author_name]
Card payment problems at Marks & Spencer
The retailer says it’s having a problem accepting card payments in a quarter of its stores. Source by [author_name]
Turkey lira: Ankara to boycott US electronic goods
President Erdogan responds after US sanctions put Turkey’s weak currency into freefall. Source by [author_name]
Rail fares: Grayling urges inflation change to slow rises
Chris Grayling asks the industry to use a lower inflation measure for future fare and wage increases. Source by [author_name]
Tinder's founders and former boss sue dating app owners
Tinder’s owners are accused of undervaluing it, cheating executives out of shares worth billions. Source by [author_name]
Fortnite used by company for job interviews
An advertising agency is conducting job interviews in the video game Fortnite. Source by [author_name]
Monster Hunter World sales yanked by China
The Chinese publisher of Monster Hunter World is forced to stop selling the monster-slaying game. Source by [author_name]
Tesla directors: 'No formal proposal' to take company private
A special committee is being formed to discuss any plans by founder Elon Musk to go private. Source by [author_name]
Sir Peter Wood makes £360m from esure sale
Founder of the insurer will reinvest £50m and stay as chairman with new owners Bain Capital. Source by [author_name]