BUSINESS LIVE: Ocado Boss Faces Revolt; Hipgnosis Agrees To Blackstone Acquisition; Hold Debt Repayments

The FTSE 100 will open at 8am Companies with trading reports and updates today include Ocado, Hipgnosis Songs Fund, Entain and Beazley. Read the Business Live blog from Monday 29 April below.

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Ocado boss Tim Steiner faces shareholder revolt over pay

Ocado boss Tim Steiner faces a shareholder revolt over his pay today.

Advisory groups Glass Lewis and Institutional Shareholder Services (ISS) have urged investors to vote against the £15m pay policy. They say a new plan may cause “overpayments.”

ISS said its concerns were “exacerbated by… a lack of dividends and a general decline in the share price.”

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BUSINESS LIVE: Ocado boss faces revolt; Hipgnosis agrees to Blackstone acquisition; Hold debt repayments

Ocado boss Tim Steiner faces shareholder revolt over pay

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