HSBC Holdings (HSBA) bows to investor pressure and cuts executives’ pay. UK bank reduces cash payments in lieu of pension from 30% to 10% of leaders’ salaries
Interserve (IRV) taken over by its creditors. Administration follows liquidation of rival state contractor Carillion last year
Mike Ashley moves to snap up LK Bennett. Offer for fashion chain marks tycoon’s latest move to take advantage of high-street woes
Restaurant Group (RTN) jumps as Wagamama owner tops profit expectations. Shares rise most in two years