The appointment of former finance director
Beale as the boss of the country’s
biggest building society, Nationwide, has come at a heavy price with three
former directors pocketing pay-offs totalling £3.4m.
The pay-offs are set to be confirmed in the 2007 report and accounts this
The biggest payout was to former chief executive Philip Williamson, who left
in March. He received £1.6m, taking his overall remuneration for 2007 to £3.2m.
Bernard Simpson, his former deputy, received £890,000 on top of his 2007
remuneration of £1.1m, while Jim Willens, who used to head group services,
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements