Economy

2024-01-09 14:53:37

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#Global #economy #set #weakest #growth #pandemic #warns #World #Bank

2024-01-09 18:56:32

The richest woman in Britain, Denise Coates, is the CEO and founder of the famous betting company Bet365.

Coates launched its website at the turn of the millennium, and since then it has attracted more than 90 million customers from all over the world. The company is still headquartered in the small town where Coutts was born, but it generated revenues of £3.39 billion ($4.3 billion) in 2023.

According to her latest accounts, which were seen by “Fortune” magazine, Coates received a huge salary for her work in 2023. Documents published on the “Companies House” website say that the company’s highest-paid director received an amount of 220.6 million pounds sterling ($ 280 million). ), according to what Al Arabiya Business reviewed.

A representative of the company confirmed to Bloomberg that Coates was the highest paid manager in the company.

She received this salary, even though the company’s main sports and gaming division suffered a loss of more than 60 million pounds ($76 million) last year, but despite the losses, Coats’ bonus for 2023 represents an increase from what she received. In 2022, the amount is $271.7 million.

But the good times for Coates don’t stop there.

In the year ending March 2023, the company paid exactly £100 million ($127.4 million) in dividends.

As the company’s majority shareholder – with a 58.3% stake – she received an additional payment of £50 million ($63.7 million), bringing her total compensation package to around $344 million.

According to the Bloomberg Billionaires Index, Coates has received nearly £1.5bn in salaries and profits over the past decade.

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#richest #woman #Britain

2024-01-09 15:41:43

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#States #continue #pay #high #coupon #debt

2024-01-09 19:12:35

Citizens of the Laurentians are complaining regarding their private snow removal contract.

TVA Nouvelles went to Sainte-Sophie to try to ask questions to Yanik Riopel from the BGE landscapement company.

Over the past year, the company has been the subject of several complaints for services not provided to customers, including snow removal, earthworks and fencing.

According to TVA Nouvelles, around ten customers claim to have been cheated by the entrepreneur and his wife for amounts varying from a few hundred dollars to $5,000.

Several customers have complained on social networks and are revolting once morest Yanik Riopelle. Some also claim to have filed a complaint with the Sûreté du Québec.

People are not gentle and customers do not hesitate to talk regarding alleged fraud.

Meanwhile, Yanik Riopel did not blame the complaints on the subcontractors to whom he allegedly entrusted the work.

“The subcontractors closed, and I gave [l’argent] their. They closed, so I can’t go get the money from them. […] It’s hard to get money from subcontractors if they’re not there,” he told TVA Nouvelles.

He assures that he does not owe hundreds of dollars.

“It says at the bottom in the contract “no refunds”. […] If anything happens, he will call the police, he will call the investigator,” he tells our journalist before slamming the door in his face.

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#Customers #cheated #private #snow #plow