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1 minute read
BUSINESS EXTRA Drink up FINANCE
Pastures new
DE LA RUE’S chief financial officer Rob Harding will be leaving the banknote printer to join retail payments business PayPoint, the company announced. Harding will remain for up to six months to assist with an orderly transition, sources said.
Helping out
SPANISH companies working with plastics have “serious doubts” about applying the new tax on nonrecyclable containers as well as paying it. The government is offering a sixmonth moratorium and tax authority Hacienda is operating an online service to answer queries.
Wage gap
BANKERS’ pay rises have tripled those of nurses since the 2008 financial crisis, found a TUC study. Pay and bonuses in finance and the insurance sector rose by an average 6 per cent compared to 2 per cent for nurses.
Turn-off
BRITONS cancelled approximately two million subscriptions to services like Netflix, Prime Video and Disney+ in 2022 as they cut down on nonessentials. Households with at least one paidfor subscription fell from 17.12 million in 2021 to last year’s 16.24 million.
Sunny outlook
ENERGY COMPANY Iberdrola received the goahead to build Europe’s biggest solar power plant in Santiago de Cacem (Portugal). As well as providing 2,500 jobs the installation will produce enough electricity for 430,000 homes, equivalent to double the population of Oporto.
Hacked off
SOME customers of car retailer
Arnold Clark learnt their personal information could have been stolen in a cyberattack. The car retailer, which sells more than 300,000 cars each year, said the stolen data included bank details as well as ID documents.