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Ousted Persimmon boss sets up new venture with his wife

TheGuardian

Exclusive: Jeff Fairburn, who was forced to leave housebuilder after outrage at £82m bonus, registers ‘credit granting’ business The former chief executive of the housebuilder Persimmon who landed one of the biggest bonuses in British corporate history has set up a new venture with his wife.

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The Guardian view on high pay: the fat cats are still there | Editorial

TheGuardian

But they remain a gross injustice Public anger about the vast salaries extracted from business by the highest-paid people surfaces less often than one might expect, given highly conspicuous levels of inequality and rising poverty. Vast disparities in income may have lost some of their power to shock.

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Tory MP’s £500,000 stock portfolio raises questions about blind trust system

TheGuardian

Jonathan Djanogly, the MP for Huntingdon, holds shares in Lloyds Bank worth more than £180,000, has an investment worth £120,000 in the housebuilding company Persimmon and a stake worth almost £80,000 in Sainsbury’s. He has smaller stakes in six other companies including the energy supplier Centrica. Continue reading.

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