Investor Group Criticises Bellway's Bumper Bonuses to Directors ; Construction

Summary


House builder Bellway is set to clash with investors after ditching previous performance targets to pay out huge bonuses to directors.

The Association of British Insurers (ABI),which represents major investors, has issued its strongest "red-top" warning a head of the Newcastle-based group's annual meeting on January 16.

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Extract


Investor Group Criticises Bellway's Bumper Bonuses to Directors ; Construction

The group's top three directors were paid pounds 632,500 in bonuses - 55 per cent of their ...

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