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The Latest Breaking News from Nick Read

Post Office boss ‘obsessed with his pay’, claims former HR director

Nick Read said to have repeatedly demanded pay rises from the government and described bonus as ‘intolerable’

The Guardian - UK

Post Office chief Nick Read cleared of misconduct in separate inquiry

Existence of whistleblower allegations added to scandal over Horizon computer system

The Guardian - UK

Post Office ‘unfit’ to run compensation scheme for Horizon victims, MPs say

Just 20% of compensation has been paid, finds Commons committee, which says government should set legally binding timeframes

The Guardian - UK

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It’s Kemi Badenoch v the Post Office, the show where ministers sweep everything under the carpet

Whatever the truth in the latest ‘he said, she said’ row, one thing’s clear: the government has no intention of tackling this institutional rot, says barrister Sam Fowles

The Guardian - UK

Former Post Office chair claims he is victim of ‘smear campaign’ led by Kemi Badenoch

Henry Staunton stands by his allegations against the government and turns on Post Office CEO in dramatic day of evidence to MPs

The Guardian - UK

Tory MPs have Badenoch’s back as they slog it out with former Post Office chair

Henry Staunton refuses to back down as he gives evidence to the business select committee

The Guardian - UK

Post Office said last month it stands by most Horizon convictions

Letter shows Post Office told ministers it would oppose attempts to overturn 369 prosecutions

The Guardian - UK

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Ministers deny claims government wanted to stall Post Office Horizon scandal payouts

Former Post Office chair claimed request was made so government could ‘limp into’ the next election

The Guardian - UK

Royal Mail loses 360-year monopoly on delivering parcels from Post Office sites

Customer dissatisfaction with service thought to be reason for expanding remit to Evri and DPD

The Guardian - UK

Post Office customers to be offered DPD and Evri parcel delivery options

The new service will begin in selected branches in time for the peak Christmas delivery season.

The Independent UK

Wrongly convicted Horizon scandal postmasters offered £600,000 to settle claims

The Government said 86 convictions have been overturned and £21 million has been paid in compensation.

Evening Standard

'So proud': Scottish couple take over historic world's oldest Post Office

A Scottish couple has taken over the world's oldest Post Office.

The National (Scotland)

Post Office boss to give back bonus linked to Horizon scandal inquiry

Nick Read says he will return payment and apologises for ‘procedural and governance mistakes made’

The Guardian - UK

Post Office boss to hand back £50k bonus from assisting Horizon inquiry

The boss of the Post Office will hand back all the bonus payments he was given for helping the investigation into a major miscarriage of justice…

The National (Scotland)

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The Guardian - UK

Post Office boss apologises for inquiry bonus payments

Company wrongly paid executive bonuses for cooperation with inquiry into faulty computer system

The Guardian - UK

Vodafone and Three agree merger to form UK’s largest mobile operator

Deal to combine firms’ British telecoms networks likely to face competition scrutiny amid union calls for merger to be blocked

The Guardian - UK

Vodafone’s new boss still needs to dial up radicalism

With job cut savings soaked up by reinvestment, a turnaround depends on Margherita Della Valle making value-creating deals

The Guardian - UK

UK government to investigate Post Office over wrongly paid bonuses

CEO Nick Read and other top bosses given thousands of pounds for cooperating with IT scandal inquiry

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The Independent UK

Post Office chief executive apologises over unapproved bonuses linked to Horizon

The Post Office authorised the payments based on a target executives had set themselves.

The Guardian - UK

Margherita Della Valle made Vodafone’s first permanent female chief executive

Della Valle took job on temporary basis in December and is tasked with steering telecoms group through its turnaround

The Guardian - UK

Despite its optimism Marston’s pint glass is less than half full

Hope springs eternal in the boardroom, but the stock market is not as upbeat about the hospitality sector

The Guardian - UK

Vodafone has hung up on Nick Read. Now it needs to set a radical tone

The complacent conglomerate desperately needs a free-thinking chief executive

The Guardian - UK

Vodafone boss to step down after sharp drop in share price

Nick Read will be replaced as CEO by finance chief Margherita Della Valle during search for successor

AFP

Vodafone CEO to step down after four years at helm

London (AFP) - Vodafone chief executive Nick Read is stepping down, the British telecoms group said Monday, after a four-year tenure marked by a steep fall in the company's share price.

Evening Standard

Voda ousts CEO Nick Read in drive for ‘shareholder value’

VODAFONE today dramatically ousted long-serving company man Nick Read as CEO after becoming frustrated at the pace of change and lacklustre share price under his leadership.

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