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The Latest Breaking News from Julia Hoggett

Don’t use ‘boilerplate’ reasons to justify big executive pay rises, UK firms warned

Investment Association, influential group of shareholders, urges pay committees to avoid ‘benchmarking’

The Guardian - UK

London’s stock exchange needs a shot in the arm from the Treasury

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor

The Guardian - UK

Supreme Court ruling on sex 'misinterpreted', says former judge Lady Hale

THE Supreme Court’s ruling on the definition of a woman has “been misinterpreted”, Lady Hale has said.

The National (Scotland)

From analysis to the latest developments in health,
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Court ruling on legal definition of a woman ‘misinterpreted’, Lady Hale says

Speaking at book festival in east Sussex, former supreme court president says reaction to judgment ‘very binary’

The Guardian - UK

Introducing the first Fortune LGBTQ+ Leaders list

Today we celebrate the leaders who have bravely blazed a trail, leaving the path clear for the next generation.

Fortune

UK ‘needs £1tn investment over 10 years to hit economic targets’

To achieve 3% annual growth, £100bn a year must be invested in sectors including housing and energy, taskforce finds

The Guardian - UK

Nvidia single-handedly surpasses Europe's biggest stock markets as London Stock Exchange chief promises reform to refresh U.K.’s ‘ambition’

A decade ago, the London Stock Exchange had a significant lead, with its listed stocks collectively worth 400 times Nvidia’s value.

Fortune

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London snatches the crown from Paris as Europe’s largest stock market after Emmanuel Macron’s snap election sends investors into a spin

London lost its position as the leading stock market last time following political chaos under then Prime Minister Liz Truss.

Fortune

‘Bridgerton universe’ has added £275m to UK economy, says Netflix

Producer Shonda Rhimes opens London Stock Exchange as second part of show’s season three launches

The Guardian - UK

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Bim Afolami’s comments distance British government from protectionist moves by US

The Guardian - UK

US-style executive pay packets in UK would ‘risk higher inequality’

Leading social scientists issue warning after call by business leaders and London Stock Exchange

The Guardian - UK

The cries from Britain’s struggling CEOs are growing louder – how can they survive on a mere £4.4m a year?

There are fears in the City of an exodus of bosses to the US, where they reckon they’ll be paid the big bucks they surely deserve, says the author Stefan Stern

The Guardian - UK

When £17m isn’t enough: FTSE firms plead to pay bosses millions more

Confronted by the huge salaries on offer in the US, London boardrooms are lobbying to be allowed to make their own bosses even wealthier

The Guardian - UK

City bosses back 'British ISA' plan

“The UK has remarkable companies and remarkable potential, but we do not invest in ourselves,” they said.

Evening Standard

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Fortune

Fortune 500 Europe reveals the continent's capital for big-money businesses

London has witnessed IPOs flop and go out of its hand—but its still home to some of Europe's biggest companies.

Fortune

London Stock Exchange CEO says the U.K. has itself to blame for not attracting senior talent due to lower pay: 'We’ve hamstrung ourselves'

London Stock Exchange CEO Julia Hoggett said that low executive pay is among the factors hurting U.K.'s ambitions as a global player.

Fortune

The top 100 bosses in the U.K. scored a pay hike of over $600k last year—the highest in six years

Among the highest paid CEOs were pharmaceutical giant AstraZeneca’s chief Pascal Soriot, with £15.3 million ($19.6 million), and defense company BAE Systems CEO Charles Woodburn, who earned £10.7 million ($13.7 million).

The Guardian - UK

The LSE boss is usually a breath of fresh air – but not on executive pay

Pay ratios at many FTSE 100 firms are already stretched way beyond what was acceptable 20 years ago

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The Guardian - UK

London Stock Exchange chief calls for UK firms to pay bosses more

Julia Hoggett accused of being ‘bit deluded’ after arguing pay packages need to match those of US companies

The Independent UK

More women working in finance in 1997 than in 2022, figures show

London Stock Exchange boss Julia Hoggett said diversity and inclusivity is not a ‘nice distraction’, but should be part of the job.

Birmingham Post

Unicorn chief joins taskforce to drive through financial reforms

Matillion is one of several tech unicorns in Greater Manchester

People

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