British Gas owner avoids shareholder revolt over chief s £8 2m pay packet thecomet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecomet.net Daily Mail and Mail on Sunday newspapers.
The Bank of England governor has doused hopes that better-than-expected inflation news last month will accelerate cuts in interest rates, stressing the need for further evidence of wage moderation before Threadneedle Street moves. Appearing before the House of Lords economics committee on Wednesday, Andrew Bailey said it was “encouraging” that inflation had remained unchanged at 4% in January but the previous month’s figure for the cost of living had been higher than predicted. – Guardian
Virgin Money bosses could be at risk of an embarrassing investor backlash, after an influential adviser hit out at a £2.6m package for its chief executive,…