Barratt Developments said on Thursday its executive and non-executive directors have agreed to a voluntary 20% reduction in base salary and fees, beginning April 1 and until the group resumes work at its sites.
Britain’s biggest housebuilder, which is furloughing around 85% of its employees, said it expects home completions and reservations to be very limited, while its sales centres and construction sites remain closed.
Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.