Tesla CEO Elon Musk earns first performance-based compensation worth more than $700million

Tesla CEO Elon Musk has earned a performance-based compensation payment worth more than $700million, the company confirmed Thursday.  The payout was triggered by the company reaching several financial metrics which included hitting $20 billion in total revenue for four previous quarters.   Musk has foregone a base salary with the company in exchange for a shot at … Read more

Beijing accuses America of ‘inciting countries to demand compensation’

China has accused the US of inciting other countries to demand compensation over coronavirus as an economic blame-game over the pandemic escalated today. Beijing vehemently pushed back against suggestions that it should bear financial responsibility for unleashing a virus which has forced countries into lockdown and wiped trillions of dollars off the world economy. Instead, … Read more

Can I claim EU261 flight compensation for coronavirus cancellation?

My flights to Geneva for a ski holiday over Easter were cancelled by easyJet due to coronavirus. It offered me the chance to rebook or vouchers but I do not have any future travel plans, so wanted my money back. I followed some links on its site for cancelled flights, which took me through to … Read more

Barclays offers compensation to customers left waiting for Covid loans

Barclays £100 compensation offer to small business owners left waiting for Bounce Back loans branded ‘insulting’ By Lucy White For The Daily Mail Published: 21:51 BST, 13 May 2020 | Updated: 21:51 BST, 13 May 2020 Barclays has begun to offer compensation to customers who were left waiting over a week for their lifeline Bounce … Read more

LCF victims to find out if they will be able to claim compensation

London Capital & Finance victims to find out from this month if they will be able to claim compensation By Daily Mail City & Finance Reporter Published: 22:53 BST, 5 May 2020 | Updated: 23:40 BST, 5 May 2020 The Financial Services Compensation Scheme is looking at claims from 12,000 savers who bought mini bonds … Read more

Compensation for whiplash claims to be slashed

Compensation for whiplash claims to be slashed sparking fears that claimants ‘will have to represent themselves in court’ New reforms mean that payouts for whiplash claims will decrease significantly Legal fee site says whiplash claimants will have to represent themselves in court The rule changes come after years of pressure from insurance companies By Giulia … Read more