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Tag: payout

Tesco defends £635m dividend payout after coronavirus tax break | Business

Tesco has defended its decision to pay a £635m dividend while accepting a similar-sized tax break from the government’s emergency coronavirus support package. The Labour peer Andrew Adonis tweeted that it was “absolutely wrong” for Tesco to accept the business rates holiday worth £585m and said the retailer should “pay it back” if it could …

Tesco defends £635m dividend payout after coronavirus tax break | BusinessRead More

Ocado CEO gets £54m of £88m bonus scheme payout for bosses | Business

Four Ocado bosses are sharing an £88m windfall after a bonus scheme pegged to the online grocer’s share price paid out. The company’s chief executive, Tim Steiner, was the biggest winner, raking in £54m, while the finance director, Duncan Tatton-Brown, and chief operating officer, Mark Richardson, both banked £14m. Luke Jensen, who runs its tech …

Ocado CEO gets £54m of £88m bonus scheme payout for bosses | BusinessRead More

Beckhams in £38m dividend payout despite profits plunge | Fashion

David and Victoria Beckham’s business empire has paid out £38m to its owners despite a near 90% fall in profits prompted by difficulties at the former Spice Girl’s fashion label. The former England footballer, the fashion entrepreneur and their business partner Simon Fuller paid themselves dividends of $21.5m (£16.7m) and £10.3m in May this year, …

Beckhams in £38m dividend payout despite profits plunge | FashionRead More