Berkeley Group

Berkeley Group Interims, and Pay

House builder Berkeley Group issued their Interim Results this morning (2/12/2016). It was generally positive about the future so the share price has perked up somewhat today. But the...

Pay of FTSE-100 CEOs, and Berkeley Group

The High Pay Centre have just published their latest analysis of the pay of FTSE-100 CEOs. Their average pay is now £5.5 million and it grew by over 10% from the previous year. Stefan Stern of the High Pay Centre said "There is apparently no end yet in sight to the rise and rise of FTSE100 CEO pay packages. In spite of the occasional flurry from more active shareholders, boards continue to award ever larger amounts of pay to their most senior ...

Amlin and Glencore – Market surprises, but not at Berkeley

This morning a takeover bid for insurer Amlin was announced by Mitsui Sumitomo Insurance. A cash offer of 670p which represents a premium of 34.5% to last nights closing price. With Amlin having been warning for some time about increased competition in the catastrophe insurance sector, this is surely a done deal assuming they can get over any regulatory hurdles. I was going to write that unlike many mega deals the news seemed not to have leaked out in advance, but it's ...