Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Foxtons faces backlash by shareholders over CEO’s near-£1m bonus

87

London estate agent criticised after taking almost £7m of government Covid support

Foxtons is facing a backlash among its shareholders over a decision to award a near-£1m bonus to its chief executive while refusing to pay back millions of pounds in taxpayer-funded government support to weather the Covid-19 pandemic.

The London estate agent, which has received almost £7m in government furlough money for staff and business rates relief, has also continued to spend freely to build its business.

Continue reading…

Leave A Reply

Your email address will not be published.