BBC boss Lord Hall insists licence fee is here to stay despite culture secretary’s warnings

BBC boss Lord Hall says the corporation has dumped its ‘we know best’ approach as the new Culture Secretary Oliver Dowden has told the broadcaster to ditch its ‘narrow urban outlook’. The end of the licence fee has been mooted by the Government, with a threat to turn the BBC into a subscription service. It … Read more

Virgin Atlantic boss will take a 20% pay cut as coronavirus fears batter airlines

Someone who is infected with the coronavirus can spread it with just a simple cough or a sneeze, scientists say. More than 3,200 people with the virus are now confirmed to have died and over 94,000 have been infected. Here’s what we know so far: What is the coronavirus?  A coronavirus is a type of … Read more

Boss of a multimillion-pound recycling business convicted of manslaughter

A millionaire businessman led a vigilante gang who beat to death a man he wrongly suspected of burgling his daughter’s home.   Neil Elliott, 44, was convicted of manslaughter at Teesside Crown Court for his ‘leading role’ in the death of Michael Phillips, who was savagely beaten at his Hartlepool home in County Durham last June. … Read more

Metro Bank’s risk boss Grahame McGirr ousted after just two weeks

Metro Bank’s risk boss Grahame McGirr is ousted just days before he was due to take up his responsibilities By Daily Mail City & Finance Reporter Published: 21:51 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 Grahame McGirr joined Metro Bank as interim chief risk officer on February 10 but was ousted … Read more

Glaxo boss Emma Walmsley handed a £2.5m pay rise after bumper sales

Glaxo boss Emma Walmsley handed a £2.5m pay rise after a bumper year of sales By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 March 2020 | Updated: 22:08 GMT, 4 March 2020 GlaxoSmithKline boss Emma Walmsley was handed a £2.5million pay rise after a bumper year of sales at the drugs giant. … Read more

Departing BA boss Willie Walsh saw his pay jump to £3.2m last year

Departing BA boss Willie Walsh saw his pay jump to £3.2m last year despite tumbling profits By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 March 2020 | Updated: 22:08 GMT, 4 March 2020 IAG boss Willie Walsh was handed a 5.5 per cent pay rise in 2019, up from £3m in 2018 … Read more

New Bank boss Andrew Bailey to face court grilling over RBS scandal

New Bank of England governor Andrew Bailey to face court grilling over RBS scandal By Daily Mail City & Finance Reporter Published: 23:14 GMT, 3 March 2020 | Updated: 23:14 GMT, 3 March 2020 Headache: New Bank of England boss Andrew Bailey  The Bank of England’s new Governor is preparing to defend himself in court … Read more

Co-op boss Steve Murrells calls for grocers to become greener

Co-op boss calls for grocers to become greener by cutting plastic use and ditching polluting lorries By Daily Mail City & Finance Reporter Published: 21:57 GMT, 26 February 2020 | Updated: 21:57 GMT, 26 February 2020 The boss of the Co-operative supermarket says ‘the climate emergency is upon us’ and has called on retailers to … Read more

United Airlines boss says the airline will likely need to cut more flights amid coronavirus fears

United Airlines boss Oscar Munoz has said that the US airline will likely need to cut more flights as fears over the rapid spread of coronavirus are leaving planes empty.  In an email sent to employees late on Sunday, Munoz said the airline had been hit by sagging demand for flights, as passengers avoid travel due … Read more