House of Commons
As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.
BONUSES AND JOB CUTS AT TRINITY MIRROR
EDM #2713
Tabled 08 February 2012
2010-12 Session
That this House condemns the proposed 75 job losses at Trinity Mirror's national newspaper titles, the Daily Mirror, Sunday Mirror and The People; notes that these cuts come at a time when the pay and pensions awards for Trinity Mirror directors last year was 3.9 million; further notes that the Chief Executive of Trinity Mirror, Sly Bailey, received a pay and pensions package of 1.7 million; understands that the share price for Trinity Mirror in February 2012 was 48p compared to 90p 12 months ago; condemns the situation where journalists face losing their jobs whilst senior directors at Trinity Mirror receive large bonuses; further notes that at the 2011 Trinity Mirror AGM, in a break from practice, attending shareholders were not able to vote by a show of hands on the floor of the meeting and that their votes were aggregated withlarge institutional investors; and calls on the Government to look at measures to ensure that shareholders at companies like Trinity Mirror are able to demonstrate their vote in a show of hands over directors' remuneration.