BOSSES’ bonuses fell last year as shareholders took a stronger position on pay and shifted more remuneration towards longer-term incentives, according to a Deloitte report out today.
The median bonus payout for executive directors was 67 per cent of the maximum on offer to bosses, down sharply on the 75 per cent in 2011 and the 87 per cent in 2010.
Typically the maximum on offer is 150 per cent of salary.
Bonus payouts are even below the 75 per cent paid out at the height of the financial crisis in 2008-09.
The median salary increase came in at 2.5 per cent, well below the rate of inflation, while a third of companies did not increase pay.
The overall impact is that cash payouts fell to £1.67m in 2013 for the median FTSE100 CEO, down 5.8 per cent on the £1.77m in 2012 and £1.88m in 2011.
@gabyhinsliff: Northerners disdained by Tories are are 'our friends, our neighbours, the heroes of our country.' So presume they're still getting HS2 then
Yeah, little Ed's quite clearly crap at this but then he has an incompetent fop and second rate Blair impersonator in Cammie as competition. So it's not exactly a high standard he's up against anyway.
Martin Shapland @MShapland 45s Ed Miliband, tackling climate change by scrapping the policy of rising fuel bills to pay for renewables he brought in as Energy Sec #lab13
Mr Shapland does have a point...!
“Air travel and driving costs to soar under Labour plan to curb global warming
Energy and Climate Change Secretary Ed Miliband warned of rising fuel prices as he outlined Labour’s bid to move Britain on to a low carbon economy.”
You have to admire Ed's inadvertent honesty. Yes BRITAIN CAN DO BETTER THAN THIS and the Labour party can do better than their current Leader. Most of their Members and most of their MPs know that which is why they preferred David Miliband.
The other day people were making up theories about the apprentice-for-non-EU-immigrant thing being illegal under EU law, which was a bit mad, but what about the apprentice-for-government-contracts thing? If you're a German company bidding for British government contracts, can't you at least promise to hire an apprentice in Germany?
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Tim ,getting a little nervous as he approachs 10,000. Slowing down a little,casting his eyes at the boundary ,leaving anything outside off stump. Just looking now for a little Toby young sneer or a short housing stat to take him over the line and into the history books
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Not watching as I am supposed to be working, but even the more ardent Labour posters do not seem overly enthused by this do they?
Not an ardent Labour poster or anything but I think it's very good. Large proportions of it are bollocks, of course, but that's true of all conference speeches.
@JohnRentoul: If people want a party that will cut itself off from rest of the world, Lab is not yr party. Unless you don't want to do anything abt Syria.
The other day people were making up theories about the apprentice-for-non-EU-immigrant thing being illegal under EU law, which was a bit mad, but what about the apprentice-for-government-contracts thing? If you're a German company bidding for British government contracts, can't you at least promise to hire an apprentice in Germany?
I'm pretty certain it would be illegal, just as the previous proposal, which was presented as being for UK ('local') apprentices, was. It would also be unworkable.
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Do you think it's a good speech, RedRag?
Must confess it's stonkingly good stuff! (I haven't voted Labour at a GE since 97!)
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Do you think it's a good speech, RedRag?
I do Mr Topping. What you have to admit, yesterday, you were all saying the conference was a disaster/car crash/ rubbish etc and todays opinion poll lead went up to 8%. As I said much earlier, keep on talking and convincing yourselves, the reality seems to be a bit different out there.
"Not under my Govt" Followed by a list of things that actually happened/started under Labour. Re-writing history, are we at war with Eastasia? Its all good Duckspeak.
(Duckspeak is a Newspeak term meaning literally to quack like a duck or to speak without thinking. Duckspeak can be either good or "ungood" (bad), depending on who is speaking, and whether what they are saying is in following with the ideals of Big Brother. To speak rubbish and lies may be ungood, but to speak rubbish and lies for the good of "The Party" may be good.)
@gabyhinsliff: Northerners disdained by Tories are are 'our friends, our neighbours, the heroes of our country.' So presume they're still getting HS2 then
HS2 doesn't go to the NE Scott, please try to understand your tweet pasting
The advantages do.
Further connections onto the existing network will enable passengers in many more regions across Britain to benefit from HS2. High speed trains will continue seamlessly to destinations like York, Newcastle, Durham, Darlington and Edinburgh.
In addition (1), the only way Newcastle and other northern cities will get a high-speed line is if it connects up with HS2 (HS3 anyone?) Without HS2, there's no chance. You need to get the backbone of the network in place first.
In addition (2) More paths will be created on the existing ECML to cope with more trains from Newcastle.
Laura Kuenssberg @ITVLauraK 43s Big questions over whether that'd be legal, how you persuade firms to invest in power stations we need if you control their prices
Who care's it if's legal.. grab those headlines baby!
Remember, yesterday, someone on here stated that the conference was so bad, so much of a car crash, that the Labour/Tory crossover must be imminent.....then the lead went up to 8%. PB Hodges, as many brain cells as their king has eyes.
So, let's get this straight, Ed's solution to the problem of insufficient investment in our energy sector is a combination of:
- A seventies-style government-decreed price freeze - An increase in corporation tax - Compulsory hiring of apprentices - A government-imposed increase in wage costs
Were the City to take that seriously, it would be bye-bye to investment.
@GuidoFawkes: #RedEd has just pledged to bring back price controls, last seen in 1979. Socialism controlling the commanding heights of the economy. #Lab13
@gabyhinsliff: Northerners disdained by Tories are are 'our friends, our neighbours, the heroes of our country.' So presume they're still getting HS2 then
HS2 doesn't go to the NE Scott, please try to understand your tweet pasting
The advantages do.
Further connections onto the existing network will enable passengers in many more regions across Britain to benefit from HS2. High speed trains will continue seamlessly to destinations like York, Newcastle, Durham, Darlington and Edinburgh.
In addition (1), the only way Newcastle and other northern cities will get a high-speed line is if it connects up with HS2 (HS3 anyone?) Without HS2, there's no chance. You need to get the backbone of the network in place first.
In addition (2) More paths will be created on the existing ECML to cope with more trains from Newcastle.Why would anyone want to leave the North-East - the Land of Heroes - to go and mix with the bankers down south?
Miliband will pledge to rip up the railway tracks to build new houses.
How would one even go about fixing energy prices other than by introducing a ceiling, which may not be admissible under current competition laws. Also what does it do to the investment incentive for big projects like Nuclear and Tidal power which require billions from the private sector to ensure the taxpayer doesn't subsidise too heavily private investors.
Not watching as I am supposed to be working, but even the more ardent Labour posters do not seem overly enthused by this do they?
Not an ardent Labour poster or anything but I think it's very good. Large proportions of it are bollocks, of course, but that's true of all conference speeches.
Not watching as I am supposed to be working, but even the more ardent Labour posters do not seem overly enthused by this do they?
Not an ardent Labour poster or anything but I think it's very good. Large proportions of it are bollocks, of course, but that's true of all conference speeches.
Plato only called it dreadful so it must be exceeding expectations.
@IsabelHardman: We've spent this week watching Labour trying to work out how comfortable they are with "socialism". Ed has just announced price controls.
How would one even go about fixing energy prices other than by introducing a ceiling, which may not be admissible under current competition laws. Also what does it do to the investment incentive for big projects like Nuclear and Tidal power which require billions from the private sector to ensure the taxpayer doesn't subsidise too heavily private investors.
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Do you think it's a good speech, RedRag?
I do Mr Topping. What you have to admit, yesterday, you were all saying the conference was a disaster/car crash/ rubbish etc and todays opinion poll lead went up to 8%. As I said much earlier, keep on talking and convincing yourselves, the reality seems to be a bit different out there.
The reality, as reactions to this speech illustrate, is that people suffer from confirmation bias.
The meat of his speech is therefore leftist fantasy orientated.
State intervention, state intervention, state intervention.
If that floats your boat, as the man says, then you have found your party.
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Do you think it's a good speech, RedRag?
I do Mr Topping. What you have to admit, yesterday, you were all saying the conference was a disaster/car crash/ rubbish etc and todays opinion poll lead went up to 8%. As I said much earlier, keep on talking and convincing yourselves, the reality seems to be a bit different out there.
The reality, as reactions to this speech illustrate, is that people suffer from confirmation bias.
The meat of his speech is therefore leftist fantasy orientated.
State intervention, state intervention, state intervention.
If that floats your boat, as the man says, then you have found your party.
"One energy chief executive tells a story of how under the old Labour government he would go into a morning meeting and be attacked for ripping off the elderly and making mega-profits. The afternoon would be spent with a separate department who was begging his company to invest £20 billion to keep the lights on. Politicians can, and should, do better than this."
With the Lib Dems free school meals, the current Gov'ts 'Help to buy' and Labour freezing everyone's energy bills for the next 3 years its out with austerity and in with who can deliver the most motherhood and apple pie.
@tim - er, anyone can apply or obtain planning permission - it's the ability to implement it that matters. So the 'new' builder will have to own that land i.e. it would have to be expropriated from the owner.
@iainmartin1: Feels to me like Miliband has just blown-up his own speech - with land theft initiative - and it didn't seem to register much in the hall
With the Lib Dems free school meals, the current Gov'ts 'Help to buy' and Labour freezing everyone's energy bills for the next 3 years its out with austerity and in with who can deliver the most motherhood and apple pie.
Anyone would think there's an election in a couple of years. ;^ )
@iainmartin1: Feels to me like Miliband has just blown-up his own speech - with land theft initiative - and it didn't seem to register much in the hall
Don't panic, it's a non-story...
A policy iniative worthy of Stalin. EdM has lost the election.
@tim - er, anyone can apply or obtain planning permission - it's the ability to implement it that matters. So the 'new' builder will have to own that land i.e. it would have to be expropriated from the owner.
I don't think tim know's what he's talking about.. or the principles of 'ownership' are beyond him.
PB Hodges - I remember you all saying exactly the same thing last year and those outside the one eyed world actually thought it was very good. Looks like Tykejohnno's request for a true representation of the speech, unlike last year, has fell on deaf ears and one eye.
Do you think it's a good speech, RedRag?
I do Mr Topping. What you have to admit, yesterday, you were all saying the conference was a disaster/car crash/ rubbish etc and todays opinion poll lead went up to 8%. As I said much earlier, keep on talking and convincing yourselves, the reality seems to be a bit different out there.
The reality, as reactions to this speech illustrate, is that people suffer from confirmation bias.
The meat of his speech is therefore leftist fantasy orientated.
State intervention, state intervention, state intervention.
If that floats your boat, as the man says, then you have found your party.
It's all bull, Topping.
That's what attracts Red Rag.
So how did your prediction of crossover being imminent because of "this car crash of a conference" go?
The energy price freeze makes no sense... all the energy providers are under Ofgem regimes that cover the period in question, so will sue if he tries to tear them up. Even if he could make it stick, they will have to raise prices even more sharply after 2017 to meet the investment in new power and green power that is so necessary because Labour 1997-2010 failed to invest in energy. Oh, and a 1p increase in Corporation Tax will really encourage inward investment in nuclear, gas and wave/tidal, won't it? I'm just waiting for him to ban fracking and we'll have the fruit-loop set.
Comments
BOSSES’ bonuses fell last year as shareholders took a stronger position on pay and shifted more remuneration towards longer-term incentives, according to a Deloitte report out today.
The median bonus payout for executive directors was 67 per cent of the maximum on offer to bosses, down sharply on the 75 per cent in 2011 and the 87 per cent in 2010.
Typically the maximum on offer is 150 per cent of salary.
Bonus payouts are even below the 75 per cent paid out at the height of the financial crisis in 2008-09.
The median salary increase came in at 2.5 per cent, well below the rate of inflation, while a third of companies did not increase pay.
The overall impact is that cash payouts fell to £1.67m in 2013 for the median FTSE100 CEO, down 5.8 per cent on the £1.77m in 2012 and £1.88m in 2011.
Views pls.
Thats everything fixed then.
Ed Miliband, tackling climate change by scrapping the policy of rising fuel bills to pay for renewables he brought in as Energy Sec #lab13
Mr Shapland does have a point...!
“Air travel and driving costs to soar under Labour plan to curb global warming
Energy and Climate Change Secretary Ed Miliband warned of rising fuel prices as he outlined Labour’s bid to move Britain on to a low carbon economy.”
http://www.dailymail.co.uk/news/article-1199129/Higher-energy-bills-inevitable-warns-Climate-Change-Secretary-Ed-Miliband.html
Won't be any room for any houses with all those windmills.
Best STFU about Lynton "f***king muslims" Crosby if you keep doing that little Ed.
But could this just mean that the energy companies will put up bills massively just before the GE?
Re-writing history, are we at war with Eastasia? Its all good Duckspeak.
(Duckspeak is a Newspeak term meaning literally to quack like a duck or to speak without thinking. Duckspeak can be either good or "ungood" (bad), depending on who is speaking, and whether what they are saying is in following with the ideals of Big Brother. To speak rubbish and lies may be ungood, but to speak rubbish and lies for the good of "The Party" may be good.)
In addition (2) More paths will be created on the existing ECML to cope with more trains from Newcastle.
Big questions over whether that'd be legal, how you persuade firms to invest in power stations we need if you control their prices
Who care's it if's legal.. grab those headlines baby!
Nothing much to dislike but no sign of leadership.
@kiranstacey: EdM announces the gas/elec price freeze the party had already released (h/t @PickardJE). Is it legal?
- A seventies-style government-decreed price freeze
- An increase in corporation tax
- Compulsory hiring of apprentices
- A government-imposed increase in wage costs
Were the City to take that seriously, it would be bye-bye to investment.
Some will see power price freeze as old-fashioned price controls (back to 70s).
Power companies will hate price cap that Labour would impose on energy. They will warn that investment will collapse
Wonderful return to socialism, Eastern Europe style. Was it something his Dad said?
In addition (2) More paths will be created on the existing ECML to cope with more trains from Newcastle.Why would anyone want to leave the North-East - the Land of Heroes - to go and mix with the bankers down south?
Miliband will pledge to rip up the railway tracks to build new houses.
@ITVLauraK: Big questions over whether that'd be legal, how you persuade firms to invest in power stations we need if you control their prices
Epic fail on that one Ed.
The meat of his speech is therefore leftist fantasy orientated.
State intervention, state intervention, state intervention.
If that floats your boat, as the man says, then you have found your party.
Hopefully the electorate will be wise enough to see through the sweeties and spin.
Oh and councils.
When companies put up bills BEFORE the GE then accusation will be that bills have gone up because of what Labour will do post 2015.
ie energy bills going up BECAUSE OF LABOUR.
That's what attracts Red Rag.
http://blogs.telegraph.co.uk/news/stevehawkes/100237672/ed-milibands-energy-price-freeze-this-is-a-crazy-idea-that-could-create-blackouts/
It's Ok Iain, Newssense™ says you're wrong...
http://blogs.telegraph.co.uk/news/stevehawkes/100237672/ed-milibands-energy-price-freeze-this-is-a-crazy-idea-that-could-create-blackouts/
"One energy chief executive tells a story of how under the old Labour government he would go into a morning meeting and be attacked for ripping off the elderly and making mega-profits. The afternoon would be spent with a separate department who was begging his company to invest £20 billion to keep the lights on. Politicians can, and should, do better than this."
Don't panic, it's a non-story...
@kiranstacey: This really is an amazingly left-wing speech. Energy price controls, land appropriation, corp tax rises. #lab13
2 more journalists spot the non-story
Even if he could make it stick, they will have to raise prices even more sharply after 2017 to meet the investment in new power and green power that is so necessary because Labour 1997-2010 failed to invest in energy.
Oh, and a 1p increase in Corporation Tax will really encourage inward investment in nuclear, gas and wave/tidal, won't it?
I'm just waiting for him to ban fracking and we'll have the fruit-loop set.