Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.K. Bonuses Should Be Frozen Until Retirement, Telegraph Says

Don't Miss Out —
Follow us on:

July 24 (Bloomberg) -- Bonus payments to U.K. executives should be frozen until they have either retired or left the company, if proposals made by U.K. economist John Kay to reform the U.K. equity markets are accepted, the Daily Telegraph reported.

His report, commissioned by the government, calls for bonuses to be in shares rather than cash, with tight restrictions imposed on selling them, in a bid to restrict short-term profit, the newspaper said.

To contact the reporter on this story: Maria Tadeo in London at mtadeo@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.