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Tesco board faces heat over CEO's 10 million pound pay package

The board of Tesco, Britain's biggest supermarket group, will be asked to justify chief executive Ken Murphy's near 10 million pounds ($13 million) pay package when it faces shareholders at its annual meeting on Friday. Tesco's annual report, published last month, showed Murphy was paid 9.93 million pounds in the year to Feb. 24, 2024, up from 4.44 million pounds in 2022/23. His pay was 430 times what the average Tesco employee earns, according to responsible investment group ShareAction.

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Tesco board faces heat over CEO's 10 mln pound pay package

The board of Tesco, Britain s biggest supermarket group, will be asked to justify chief executive Ken Murphy s near 10 million pounds pay package when it faces shareholders at its.

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UK supermarket sales set for Euro 2024 fillip, says NIQ

The return of some warm weather in May helped drive sales growth at British supermarkets and they are set for a boost from the upcoming Euro 2024 soccer championship, according to industry data.

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Discounter Pepco's earnings boosted by new store openings, margin uplift

LONDON -European discount retailer Pepco Group on Thursday reported a 28% rise in first-half core earnings, reflecting new store openings and an improved gross margin, and forecast. -May 23, 2024 at 12:53 pm EDT - MarketScreener

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Discounter Pepco's first half earnings boosted by new store openings, margin uplift

LONDON -European discount retailer Pepco Group on Thursday reported a 28% rise in first-half core earnings, reflecting new store openings and an improved gross margin, and forecast. -May 23, 2024 at 12:53 pm EDT - MarketScreener

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