Jump to Main ContentJump to Primary Navigation

UJIA's Mick Davis to get £29m to stay at Xstrata

    UJIA’s chairman Mick Davis has been offered £29m, with bonuses of a further £6 million, to stay at the helm of mining company Xstrata, after the company merges.

    South African-born Mr Davis, the chief executive of Xstrata and chair of the Jewish Leadership Council, is expected to remain chief executive when the company merges with commodity trader Glencore.

    He has led the company for a decade, and is one of the highest paid executives on the FTSE 100, earning around £1.5m a year, with almost £2m in bonuses.

    Xstrata is one of the top 20 companies on the FTSE100, with a market value of around £42 billion, employing 50,000 people. It is the world's largest producer of zinc, one of the top four producers of copper and a producer of platinum group metals.

    The offer has yet to be formally approved by shareholders

Uk News

Strictly Orthodox Ukip candidate 'should not run for office'

Marcus Dysch

Tuesday, February 28, 2017

Strictly Orthodox Ukip candidate 'should not run for office'
Special Reports

Dublin benefits from overseas aid

Barry Toberman

Sunday, January 8, 2017

Dublin benefits from overseas aid
Uk News

Luciana Berger troll driven by 'fierce antisemitism'

JC Reporter

Monday, December 5, 2016

Luciana Berger troll driven by 'fierce antisemitism'
Uk News

Government drops pledge to aid 3,000 child refugees

Rosa Doherty

Wednesday, February 8, 2017

Government drops pledge to aid 3,000 child refugees
Uk News

Limmud: Food for thought at session on 'ethical eating'

By Simon Rocker

Tuesday, December 27, 2016

Limmud: Food for thought at session on 'ethical eating'
Uk News

Local MP blocks visit from David Irving's 'secret tour'

Rosa Doherty

Friday, December 2, 2016

Local MP blocks visit from David Irving's 'secret tour'
Uk News

Anti-Israel conference faces delay

Lee Harpin

Thursday, January 19, 2017

Anti-Israel conference faces delay
Uk News

Commission criticised over inquiry into 'antisemitic' charity

Daniel Sugarman

Monday, December 5, 2016

Commission criticised over inquiry into 'antisemitic' charity
Uk News

Fawlty Towers star Andrew Sachs dies aged 86

JC Reporter

Friday, December 2, 2016

Fawlty Towers star Andrew Sachs dies aged 86