Director pay deals 'surge 12.8%'
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UK director pay rose 12.8% to an average of almost Â£600,000 during 2003 - three times faster than average staff earnings, a survey says.
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The gap between rich and poor workers in the UK is growing, according to a survey which found top bosses' pay rising nearly 10 times as fast as that of the average employee.
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Shares of online retailers rose nearly 80 percent last year, among the best performances in the entire stock market.
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Businesses in a London suburb became the first in the country yesterday to agree to pay higher rates in exchange for a council pledge to pump the cash into local improvements.
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Shares in the fabled movie studio jumped 70 cents, or 6%, to $12.10 yesterday as Wall Street banked on its imminent sale. Sources expect MGM&#39;s Kirk Kerkorian to sign on the dotted line this month, possibly within two weeks.
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The firm which owns Yorkshire Water sees its profits rise by10%, thanks partly to an above-average rise in bills.
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Chief executives at U.S. companies  that shipped jobs overseas won a 46 percent pay hike last year,  more than five times the average CEO raise, while ordinary  workers' paychecks barely budged, a study showed on Tuesday.
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Indian firms are increasing their IT budgets an average of 13 percent this year, far more than the global average of 3.3 percent, research company Gartner said Wednesday.
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There are ways to secure higher pay even when all other employees receive the same annual increase, says Sue Shellenbarger. Plus, more on work and family.
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NEW YORK - US companies that outsourced the most jobs in 2003 also offered well-above average pay increases to their chief executives, according to a new study released this morning.
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Business & money: 9.30am: Shares in the bank jumped almost 3% after recommendation.
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Heavy price cuts help deliver a stronger than expected rise in UK High Street sales, official figures show.
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Interest rates on short-term Treasury bills rose in yesterday's auction with rates on six-month bills climbing to the highest level in four months.
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Global cinema takings will rise steadily to $22.8bn (Â£12.6bn) by the end of 2004, a research body predicts.
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Directors of the UK's top firms have now amassed pensions worth Â£891m, according to the TUC.
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ANZ reported a record rise in post tax operating profit today, announcing a 20 per cent jump to $2.8 billion for the year ending September 2004.
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U.S. planned job cuts soared to an  eight-month high in September while new hiring rose only  slightly, a report said on Tuesday.