Friday, April 25, 2014

Pink ‘Un Silent on Their Own Shareholder Revolt
More Shareholders Reject Remuneration Than Barclays

This morning FT went big on yesterday’s Barclays AGM, splashing the fact that 21% shareholders voted against their remuneration packages. Today Pearson had their annual gathering and the votes are in:

Resolution 13 – to approve annual remuneration report

For: 349,696,505 (64%)

Against: 181,521,643 (33%)

Withheld: 15,000,416 (3%)

For comparison, Barclays result were 66% For; Against 21%; Withheld 13%. Legally withheld votes don’t count – so if you go for the straight yes:no Barclays was 76:24 in favour; Pearson is 66:34 in favour. Guido can’t seem to find this reported anywhere on the FT website? Perhaps they are holding it for the front page of the Weekend edition…

UPDATE: The FT’s Media correspondent is catching up as usual…

Monday, January 13, 2014

Best FT Headline Ever


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VOTER-RECALL
Find out more about PLMR


Austrian Chancellor Werner Faymann on Cameron’s refusal to pay the £1.7 billion EU bill by December 1st:

“Well, then he’s gonna pay on December 2nd”



Mycroft says:

Have you read the last bit of Animal Farm?

You know where the animals are looking through the Farmhouse window?

My TV screen was that window at lunch-time today.

Be careful, the sudden self-congratulatory tone, the slightly pudgy outline of indulgence and you become exactly what you should despise.

The jolly face of the Quisling Cameron poses for your camera has mesmerised and deceived you, you who were once not so deceived.

You were no firebrand, you were a damp squib in my opinion, sorry.

You need a damned good kick up the ahse!


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