4 h. ago Lucrative early retirement for ex Glasgow council chief executive not 'lawfully approved'

A report into controversial golden goodbyes for former senior staff at Glasgow Council has been published.

Politics

6 h. ago BP's chief executive takes £2.3m pay cut as the company’s profits slump

'This fundamental reset of our strategy demonstrates a clear focus on actions to drive performance improvement and grow cash flow and returns for bp's shareholders'

Economics

11 h. ago BP chief executive’s pay falls 30% after failing to meet key targets

Murray Auchincloss’s share awards drop sharply to £2.75mn, compared with £4.36mn in 2023

Events

12 h. ago Who owns Britain? In large part, other countries – and that should set alarm bells ringing | Dhananjayan Sriskandarajah

This mass selling off of assets to foreign investors will lead to economic disaster. Labour needs to reset the UK’s courseIn 1994, I joined a march protesting against how the World Bank and the International Monetary Fund – backed by the US – were forcing governments in the global south to follow what was called the “Washington consensus”.We argued that privatising state assets, deregulating markets, and liberalising financial services to attract external investment was leaving countries more unstable, more unequal and more dependent on foreign actors. Decades on, I am horrified that an approach that wreaked havoc in the global south is still being pursued in the UK.Dhananjayan Sriskandarajah is the chief executive of the New Economics Foundation and author of Power to the People. He is a former chief executive of Oxfam GB and secretary general of Civicus, a global alliance of civil society organisations Continue reading...

Events

12 h. ago Britain is now following a developing country economic model – and we know where that leads | Dhananjayan Sriskandarajah

Selling off assets to foreign owners, deregulating markets, and liberalising financial services only leads to inequality and instabilityIn 1994, I joined a march protesting against how the World Bank and the International Monetary Fund – backed by the US – were forcing governments in the global south to follow what was called the “Washington consensus”.We argued that privatising state assets, deregulating markets, and liberalising financial services to attract external investment was leaving countries more unstable, more unequal and more dependent on foreign actors. Decades on, I am horrified that an approach that wreaked havoc in the global south is still being pursued in the UK.Dhananjayan Sriskandarajah is the chief executive of the New Economics Foundation and author of Power to the People. He is a former chief executive of Oxfam GB and secretary general of Civicus, a global alliance of civil society organisations Continue reading...

Economics

14 h. ago Commercial director behind £100m deal resigns in latest setback to RFU

Stuart Ramsey to leave next month for role in triathlonChair has also quit and chief executive is under pressureThe Rugby Football Union’s commercial director has resigned in another setback for the beleaguered ­governing body. ­Stuart Ramsey, who was ­instrumental in securing a £100m naming rights deal for Twickenham with Allianz last year and recently agreed a partnership for England teams with Apple, will leave the RFU next month for a new role in triathlon.Ramsey’s impending departure follows the resignation of the RFU chair, Tom Ilube, last December over an executive pay row with the news coming a few weeks before a special general meeting of the RFU, which will determine the fate of the chief executive, Bill Sweeney. Continue reading...

Economics

30 h. ago Lanark social care worker struck off by regulator following court conviction

Uchechukwu Ekemezie received the ultimate sanction from the Scottish Social Services Council (SSSC) after his conviction at Glasgow Sheriff Court in July last year.

Events

33 h. ago Foxtons chief executive says 'more to do' to build respectful workplace culture

The estate agency has been under scrutiny after a report alleged that staff at the London estate agency had experienced sexual harassment and inappropriate behaviour

Politics

35 h. ago AD FEATURE: CEO explains the crucial role of careers guidance in Wales

Nikki Lawrence, chief executive of Careers Wales, explains how guidance is "good for the individual, good for the economy, and good for Wales"

Politics

38 h. ago Mood Machine by Liz Pelly review – a savage indictment of Spotify

The global streaming behemoth has made music blander and life harder for artists, according to this enraging portraitIn November and December last year, Spotify’s chief executive, Daniel Ek, sold 420,000 shares in the music streaming company, earning himself $199.7m (£160m). One wild rumour that circulated on social media suggested Ek’s eagerness to divest himself of stock in the company he founded was linked to the imminent publication of Liz Pelly’s book Mood Machine, as if Ek feared the revelations contained within it would adversely affect the share price. That was obviously a fanciful notion. Ek started cashing out Spotify shares in July 2023, and has continued doing so into 2025. At the time of his last transaction, a month after Pelly’s book was published in the US, Spotify’s share price was at an all-time high.And yet, you can see how people who had a preview of Mood Machine’s contents might get that idea into their head. It may be the most depressing and enraging book about...

Politics

53 h. ago Newcastle chief says club ‘would be crazy’ to consider selling Alexander Isak

‘We’re not under the gun to sell any of our key players’Darren Eales admits progress ‘could have been quicker’Alexander Isak is expected to remain at Newcastle this summer as the club’s Saudi Arabian ownership emphasise their determination to surmount the difficulties presented by Premier League spending rules.As Darren Eales, Newcastle’s chief executive, announced a broadly positive set of 2023-24 accounts he said the club’s progress was being slowed appreciably by the profitability and sustainability rules that allow teams to post collective losses of up to £105m over a three-year cycle. Continue reading...

Politics

53 h. ago Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ targeted high-level figures including George Osborne and Mervyn King, emails suggestJeffrey Epstein deployed a consultant to push for Jes Staley to become Barclays’ chief executive in 2012, a court was told on Tuesday, with the ultimately failed campaign – called “Project Jes” – having targeted high-profile figures including the chancellor George Osborne and the Bank of England governor Mervyn King.The campaign’s efforts were detailed as part of a landmark legal case launched by Staley against the UK regulator the Financial Conduct Authority (FCA). Staley is trying to overturn its 2023 decision to ban him from taking senior roles in the UK’s financial sector for having allegedly misled the regulator over the depth of his relationship with the convicted sex offender Epstein. Continue reading...

Events

59 h. ago Vodafone bids to take on Elon Musk’s Starlink after ‘world’s first’ space video call

Margherita Della Valle is close to her second anniversary as chief executive

Technology

61 h. ago EU ponders 800 billion euro plan to beef up defenses to counter possible US disengagement

The chief of the European Union’s executive proposes an 800 billion euro ($841 billion) plan to beef up EU defenses to lessen the impact of potential U.S. disengagement and provide Ukraine with military muscle to negotiate with Russia following the freeze of U.S. aid to the embattled nation

Events

2 d. ago Linda McMahon, wrestling industry billionaire, confirmed as US education secretary

US Senate confirmed Trump ally and ex-wrestling executive as chief of department president wants dismantledThe US Senate has confirmed Linda McMahon as the nation’s next education secretary, entrusting the former wrestling executive with a department marked for dismantling by Donald Trump.The 76-year-old billionaire businesswoman and longtime Trump ally was approved 51-45, reflecting deep divisions over her qualifications and the administration’s education agenda. McMahon, who previously led the small business administration during Trump’s first term, now faces the paradoxical task of running an agency while simultaneously working toward its potential elimination. Continue reading...

Society

3 d. ago Elon Musk reveals 'disgusting' reason Biden Admin left NASA astronauts stranded in space

SpaceX chief executive Elon Musk shocked Joe Rogan when he revealed the 'political reasons' which he says drove the Biden administration to 'abandon' two NASA astronauts in space.

Technology

3 d. ago Council chief executives in line for £19,000 salary rise despite huge tax rises

EXCLUSIVE: A leaked document seen by the Record shows council chiefs are considering handing their best paid staff a 12% rise.

Economics

3 d. ago BBC's most senior news executive 'watched controversial Gaza documentary WEEKS ago and failed to question it'

Deborah Turness, Chief Executive of BBC News and Current Affairs, watched Gaza: How to Survive a War Zone at a private screening almost three weeks before it was aired.

Events

4 d. ago James McAvoy: Growing up on Glasgow council estate 'wasn’t always hard

Hollywood star praises his home city as he receives the Cinema City Award at the Glasgow Film Festival

Politics

4 d. ago Populist Patrick Stewart can't fool Rangers fans and notion of one vital thing doesn't impress me one bit

Our man didn't miss the Ibrox chief executive over his appointment of Barry Ferguson as interim Ibrox boss

Events