Advertisement
UK markets close in 3 hours 46 minutes

  • FTSE 100

    8,089.51
    +49.13 (+0.61%)
     

  • FTSE 250

    19,709.53
    -9.84 (-0.05%)
     

  • AIM

    755.27
    +0.58 (+0.08%)
     

  • GBP/EUR

    1.1670
    +0.0025 (+0.22%)
     

  • GBP/USD

    1.2510
    +0.0048 (+0.38%)
     

  • Bitcoin GBP

    51,037.43
    -2,159.23 (-4.06%)
     

  • CMC Crypto 200

    1,357.08
    -25.49 (-1.84%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.98
    +0.17 (+0.21%)
     

  • GOLD FUTURES

    2,340.20
    +1.80 (+0.08%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,957.72
    -130.98 (-0.72%)
     

  • CAC 40

    8,013.86
    -78.00 (-0.96%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Persimmon says directors to take temporary pay cut amid virus outbreak

Reuters
·1-min read
The spread of the coronavirus disease (COVID-19) in Durham

(Reuters) - British housebuilder Persimmon <PSN.L> said on Thursday its executive and non-executive directors have opted to take a temporary 20% reduction in base salary, effective April 1, until the group resumes work at its sites.

Persimmon said its executive directors have also voluntary decided to give up any cash bonuses which may have been payable for 2020.

Its peer Taylor Wimpey <TW.L> on Wednesday cancelled a planned pay rise and bonus payments for its management this year, with directors also taking a 30% cut during the coronavirus lockdown.

(Reporting by Shanima A in Bengaluru; Editing by Ramakrishnan M.)