Michael Murray: Some well-managed companies run big risks by underpaying directors
Others award whopping packages who deliver ‘book’ but unrealised returns
I don’t usually take much notice of the level of directors’ pay in the companies in which I hold shares because in most instances the impact of excesses (usual) or parsimony (rare) – for good or ill – is marginal. But surprises and scandals sometimes jump out.
A big surprise these days arises when it turns out that a chief executive is underpaid for his performance relative to his (or her) peers....
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Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery