Share price seems to have recovered somewhat. I don't think they're going anywhere anytime soon.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Metro bank
Collapse
X
-
-
Metro Bank board dodges a bullet
Metro Bank founder and chairman Vernon Hill seemed more surprised than anyone: not a single shareholder asked a question at the bank’s annual meeting on Tuesday.
Nobody wanted to rage about the 80% fall in the share price in the past 14 months. Metro’s basic banking blunder, in which £900m of loans were placed in the wrong risk bracket, was left unexamined. Last week’s £375m fund-raising was taken on the chin.
True, there was a modest 12% vote against Hill’s re-election, and larger protests against the heads of Metro’s audit and remuneration committees. But the board won all its resolutions comfortably. It sometimes claimed that we’re living in a golden era for shareholder activism; don’t believe it.
Who are the villains of the British Steel crisis? | Nils Pratley | Business | The GuardianComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment