Friday 16 January 2009

Bellway b*ll*cked

I was right about Bellway. There was a serious investor reaction to the remuneration report - 59% against. Strange quotes from the company in reaction to the vote though:
However, a spokesman for the company said the vote will be taken just as a vote of no confidence in the remuneration committee and will have "no impact" on the directors' pay for last year.

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