British elite forces mull bonus to halt exodus to private firms
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Britain's special forces may offer their soldiers hefty bonuses to stem a flow of talent being lured by high pay packages to private security companies in Iraq, a newspaper reports.
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As Google Inc. GOOG.O  nears  the end of its first quarter as a public company, industry  watchers say one of its emerging challenges is how to keep  soon-to-be wealthy workers from cashing out and moving on.
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The British government is responding to a request from Baghdad to regulate thousands of private security workers that are flowing from the United Kingdom into Iraq and Afghanistan to work for British firms.
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With news that the London Stock Exchange (LSE) has knocked back a Â£1.35bn offer from its German rival Deutsche Boerse, the ordinary shareholder may be wondering what lies ahead.
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Business & money: Private sector competitors see 'extraordinary' demand.
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Thousands of workers who lost their pensions when firms went bust are expected to be given more financial help.
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Business & money: Â· Threat to move abroad if tax breaks are scrappedÂ· 'We are driving growth and efficiency in Britain'
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FRANKFURT  - Spurred by a criminal trial over fat executive bonuses, Germans are debating whether it's time for their biggest companies to break a long-standing taboo and reveal what they're paying top executives.
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Private investors have pulled billions of pounds out of some of the UK's best-known mutual funds in recent months, in a sign of jitters about the downturn in markets and the economy.
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In executive compensation at least, where America leads, the UK follows. That's why it should come as no surprise that the total earnings of chief executives at British blue-chip companies have doubled over the past five years. For Americans, the surprise may be that average annual compensation for chief executives of FTSE 100 companies is so low: a mere &pound;3.17m, according to the latest report from Incomes Data Services, a UK research group. Compare the $48m earned last year by Stan O'Neal of Merrill Lynch.
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The impending sale of Bausch & Lomb has convinced some that the incentive for executives to boost share price has been replaced by a temptation to score huge personal windfalls.
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British soldiers in Iraq, especially members of the elite Special Air Service, are being lured by high pay offered by private security companies and more than 100 SAS troops have already left, The Daily Telegraph reported.
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BIRMINGHAM, England : British companies are under increasing pressure to relocate parts of their business overseas to remain competitive, with Asia and Eastern Europe the chosen destinations, a survey showed.
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The UK must force people to work until age 70 or pay 57 billion pounds ($102 billion) a year more in taxes to maintain income for retirees, a study commissioned by Prime Minister Tony Blair&#39;s government showed.
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Aug. 17 (Bloomberg) -- British Airways Plc&#39;s unions are studying a new pay offer from Europe&#39;s second-largest airline that includes bonuses worth as much as 1,000 pounds ($1,840) amid the threat of strikes over the August bank holiday weekend.
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A British industry survey has shown that business is facing increasing pressure to move jobs abroad to cut costs, with no sign that this global trend is set to reverse.
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Business & money: The founder of Britain's largest private insurance firm, Towergate, could make Â£2bn after it emerged that his company has received bid approaches.