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Wednesday newspaper round-up: FCA, Domino's Pizza, Royal Mail

Wed 13 November 2019 07:25 | A A A

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(Sharecast News) - One in every two FTSE 100 executive appointments over the next year will have to go to a woman if the UK is to meet targets to tackle the gender imbalance across British business by 2020, a report has warned. A "step change" at the UK's biggest listed companies is needed if they are to hit a key metric where women make up at least a third of executive-level leadership teams by the end of next year. - Guardian

The City watchdog has warned staff to clean up their act following "shameful" behaviour at its London headquarters, including verbal abuse of catering teams and workers defecating on toilet floors. A senior boss at the Financial Conduct Authority (FCA) - which is in charge of policing bankers and financial firms - has written to staff over their bad behaviour at the watchdog's £60m office in Stratford, east London. - Guardian

A Los Angeles hedge fund has wrestled control of Domino's Pizza's boardroom overhaul as the takeaway firms fights to end a long-running row with its franchisees. Activist investor Browning West was handed a seat on the board and will lead the search for the company's top two jobs of chairman and chief executive alongside Domino's senior independent director Ian Bull.- Telegraph

New Bond Street in central London is the third priciest street in the world in which to set up shop, according to new research.The street, home to luxury retailers including Louis Vuitton, Chanel and Mulberry, was found to be more expensive than anywhere other than Upper 5th Avenue in New York and Causeway Bay in Hong Kong. - The Times

Royal Mail has lost its appeal against Ofcom's finding that it was guilty of market abuse designed to quash Whistl, a letter-handling rival. Sixteen months after the original verdict, when Royal Mail was fined a record £50 million by the regulator for anti-competitive behaviour, the Competition Appeal Tribunal found against the letters and parcels group. - The Times

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