Next faces shareholder revolt over pay transparency

Next has faced a shareholder revolt after more than a fifth backed proposals for the fashion giant to provide more transparency over pay at its annual general meeting (AGM) on Thursday (15 May).
The retailer saw 26.9% of shareholder votes supporting a resolution calling for the company to report on how many of its 40,000 workers are paid under the real living wage of £12.60 per hour.
The proposal was put forward by ShareAction, which campaigns for responsible investment, and was backed by