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25 Mar 2003
The payment is understood to be half of the original £1.6m that Mayo sought in his claim put in last November the day after the Accountancy Age Awards for Excellence , in which he was a judge.
The settlement is a top-up payment in addition to the £1m severance pay which Mayo took in full when he left Marconi in July 2001 after a massive profits warning which led to the company's financial crisis.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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