Boohoo boss in line for £50m bonus if share price rises by 180%

Boohoo boss in line for £50m bonus if share price rises by 180%

The new chief executive of Boohoo is in line for a £50m bonus if shares in the online fashion retailer rise by 180% over the next five years. The fast-growing company has poached John Lyttle from Primark, where he was chief operating officer, and said its major shareholders had signed off on the incentive package. But the High Pay Centre, which monitors executive remuneration, said it was hard to justify rewards on such a scale, pointing to similar bonuses that have proved controversial this year at housebuilder Persimmon, gambling firm…

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As student debt rises worldwide, an education crisis could be on the horizon

As student debt rises worldwide, an education crisis could be on the horizon

Richard Bouhet/ AFP Higher education contributes to unprecedented student loan debt challenges in both developed and developing countries. College costs are rapidly rising, and student loan debts have reached disquieting record levels for both graduates and governments. Most recent college graduates are burdened with heavy loan debt for years, with many delinquent on repayment. In the United States, for example, some 7 million borrowers, or 14%, are in default, having gone at least a year without a payment on their federal student loans. One in four European Union citizens who…

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As Population Rises, UP’s Healthcare System Collapses

As Population Rises, UP’s Healthcare System Collapses

In Uttar Pradesh, the number of public health centres (PHCs), the frontline of the government’s healthcare system, decreased 8 per cent over the last 15 years to 2015, a period when the state’s population increased by more than 25 per cent. Smaller sub-centres, the first point of public contact, increased by no more than 2 per cent over the 25 years to 2015, a period when the population grew by more than 51 per cent. These data, from the 2015 Rural Health Statistics (RHS), indicate how successive UP governments have…

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Diabetes instances reach 422 Million As Poorer nations See Steep Rises

Diabetes instances reach 422 Million As Poorer nations See Steep Rises

The number of adults with diabetes has quadrupled global in underneath four a long time to 422 million, and the condition is fast turning into a main hassle in poorer international locations, a world health agency take a look at showed on Wednesday. In certainly one of the biggest studies so far of diabetes trends, the researchers said ageing populations and rising tiers of obesity across the world mean diabetes is becoming “a defining difficulty for international public health”. kind 2 diabetes is a protracted-time period condition characterized by means…

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