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Berkeley Homes’ climbdown on exec pay fails to quell shareholder anger

Berkeley Homes’ climbdown on exec pay fails to quell shareholder anger

The Telegraph - By Jack Torrance

Berkeley Group’s attempt to placate anger about its sky-high bonuses has run into trouble as an influential City adviser has called for its new pay policy to be voted down. Glass Lewis has told its members that the housebuilder’s decision to do away with an annual bonus while extending the length of …

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