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Former HBOS chief agrees to salary cut

4 monthes ago   |   By Press and Journal

Former Halifax Bank of Scotland boss Andy Hornby - a key figure in the 2018 financial crisis - has agreed to a 40% pay cut in his current role as chief executive of The Restaurant Group .
Mr Hornby, who joined TRG last August, has also agreed to forego his bonus for 2019.
Shares in TRG, which owns the Chiquito, Frankie & Benny's and Wagamama restaurant chains, rose 3.2% to 36.82p today.
The FTSE 100 index of the UK's leading blue-chip firms increased by 166.89 points, or 3.1%, to 5,582.39 as investors became more optimistic about life getting back to normal later this year.
Retailer WH...
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Frankie and Benny's parent company Restaurant Group's bosses take pay cuts

Frankie and Benny's parent company Restaurant Group's bosses take pay cuts

4 monthes ago   |   By Daily Mail

Chief executive Andy Hornby will have his earnings slashed by 40 per cent for a period of three months while chief financial officer Kirk Davis will see his pay cut by 20 per cent.
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