Thursday newspaper round-up: Best pay, Greybull Capital, Amazon, Philip Green
Three City banks, a German software business and Facebook pay their staff the most in the UK, according to a new survey, while staff working at Domino’s Pizza and the shop chains Footasylum and Schuh receive the lowest rewards. The Swiss investment bank Credit Suisse and the German software firm Sap topped the list of the UK’s highest-paying companies compiled by the job search and recruiting website Glassdoor. – Guardian
British Steel owner Greybull Capital is a private investment firm with a controversial record, founded by a group of wealthy heirs and run with the help of a former Lehman Brothers banker. It styles itself as a valiant rescuer of distressed businesses but has amassed a questionable roster of firms that it bought for a song only to walk away relatively unscathed after they eventually collapsed. – Guardian
More than one million surveillance cameras in the UK - including at airports and in NHS trusts - were built by a Chinese company the US is considering blacklisting over security fears. Hikvision is one of the biggest suppliers of CCTV cameras in the world. Estimates suggest there are more than 1.3m of the company's cameras installed throughout the UK, thought to make up as much as a quarter of all CCTV cameras in the country. – Telegraph
Amazon's shareholders have voted down a proposal to ban sales of its controversial Rekognition face-matching software to police forces. Activists and civil rights groups had been pushing a motion at the online shopping giant's annual shareholder meeting to prevent Rekognition from being sold to law enforcement clients until its board could be sure that there was no risk of violating human rights. - Telegraph
Sir Philip Green’s retail empire will close all Topshop stores in the United States as part of a proposed rescue package that faces opposition from landlords and the Pensions Regulator. Sir Philip, 67, had said previously that he wanted to build a “billion-dollar business in America”, but he is being forced to restructure his Arcadia group as sales fall sharply in its shops. – The Times
Three of Britain’s biggest technology and telecoms companies have turned their backs on Huawei, escalating the crisis engulfing the Chinese smartphone maker. Arm, the Cambridge-based microchip group, will stop licensing its designs to Huawei after Washington’s export ban last week. EE and Vodafone have dropped its handsets from their faster 5G networks. – The Times