Fund managers tried to vote down Pascal Soriot’s package for fear of more boardroom pay inflation A majority is a majority, but a rebellion of 40% against an executive pay policy is too large to be pinned solely on those brain-dead fund managers who outsource their thinking to proxy voting agencies. At AstraZeneca some […]
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US tech sell-off and report of rising prices for goods leaving China’s factories spook stock markets Fears that central banks will have to abandon their zero-interest rate strategies in the face of mounting inflation prompted steep falls on the world’s leading stock markets on Tuesday. In the UK, the FTSE 100 had its biggest […]