All the updated news related to nick read

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City

Vodafone to sell Hungarian arm in £1.5bn deal

Vodafone has said it plans to sell its Hungarian arm in a £1.5 billion deal with a domestic company. The telecommunications giant said it had “entered into heads of terms” – similar to a letter of intent – for the deal. It would see Hungarian ...

22 Aug 2022 at 10:00

City

Vodafone boss Nick Read to step down at end of year

Mobile phone giant Vodafone has revealed its boss Nick Read will step down at the end of the year just weeks after unveiling an £880 million plan to slash costs and warning over job cuts and price hikes. Mr Read will leave on December 31 ...

05 Dec 2022 at 09:26

Union accuses Royal Mail of ‘intimidation’ tactics amid most ‘bitter’ dispute

The Post Office workers’ union has threatened fresh industrial action as Royal Mail bosses stand accused of using a “punishment charter” to intimidate striking workers in an increasingly bitter dispute over pay and conditions. In a ...

17 Jan 2023 at 14:56

Minister announces Post Office probe over unapproved bonuses linked to Horizon

The Post Office is facing a second investigation after its chief executive and other senior officers were paid unapproved bonuses relating to the Horizon IT scandal inquiry. Business minister Kevin Hollinrake described the ...

10 May 2023 at 14:36

Nick Read should have tackled misogyny not agitated about pay – former chairman

The former chairman of the Post Office has told MPs the company’s chief executive Nick Read should have focused more on tackling misogyny rather than “agitating about his pay”. Henry Staunton wrote to the Business and ...

05 Mar 2024 at 18:46

Fujitsu boss raised concern Post Office still saw itself as victim, inquiry told

Fujitsu boss raised concern Post Office ‘maintains approach as victim’ – inquiry

Fujitsu’s European boss told the Post Office he was concerned the company still sees itself as a “victim” four months ago, the Horizon IT inquiry has heard. Paul Patterson wrote to Post Office chief executive Nick ...

24 Sept 2024 at 17:55

Nick Read to call time on Post Office job after tenure marred by Horizon

Post Office boss Nick Read joined long after the events which eventually sparked the Horizon scandal, but his tenure has been dominated by the crisis. Mr Read, 59, said on Wednesday that it was a “great ...

18 Sept 2024 at 12:30

Post Office boss Nick Read ‘obsessed with his pay’, claims former HR director

The former HR director of the Post Office has accused its boss, Nick Read, of being “obsessed with his pay” and repeatedly making threats to resign over the issue, in the latest development in the ...

23 Apr 2024 at 16:02

City

Ousted Vodafone boss picks up more than £4m in pay and bonuses in 2022-23

Vodafone’s former boss Nick Read landed more than £4 million in salary and bonuses for the year to March, including a £904,000 annual award, despite being ousted at the end of 2022 amid poor ...

22 Jun 2023 at 10:29

Post Office CEO Nick Read ‘absolutely refutes’ bullying claims

Post Office CEO Nick Read ‘absolutely refutes’ bullying and pay claims

Post Office chief executive Nick Read has told his staff he “absolutely refutes” bullying claims made by the company’s former chairman. Henry Staunton wrote to MPs on Monday, telling them ...

06 Mar 2024 at 16:20

Post Office chief executive ‘exonerated of all misconduct claims’ after report

Post Office chief executive Nick Read has been “exonerated of all misconduct allegations” following a report into his behaviour. The external report, which the Post Office has not ...

17 Apr 2024 at 10:59

Former Post Office chairman sought to double chief executive’s pay – minister

Former Post Office chairman Henry Staunton urged ministers to double the pay of chief executive Nick Read to prevent him quitting the organisation, Kevin Hollinrake has revealed ...

28 Feb 2024 at 17:25

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