Sainsbury's new chair Tyler opens account
A round-up of the biggest director buys today so far.
New Sainsbury's chairman David Tyler wasted no time in opening his account, snapping up £167,000 of shares in the supermarket chain today.
The former finance boss of GUS, who joins the board at the start of next month and becomes chairman on 1 November, paid 334.3p each for 50,000 shares.
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The 56-year-old, also chairman of IT contracting firm Logica, will be paid £450,000 a year for working two to three days a week.
In a former life he was finance director at auctioneer Christie's.
Top Director Buys
Value: £28,369
Value: £22,369
Top Director Sells
Value: £1,065,000
Value: £798,750
Value: $310,010
Value: $310,010
Value: $310,010
Value: $310,010
Value: £279,937
Value: £32,175
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‘Why I have ditched my Help to Buy ISA for cash savings and the stock market’Without the 25% bonus, my Help to Buy ISA is effectively redundant, says MoneyWeek writer Sam Walker.
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Is your inheritance tax allowance cut if you sell to downsize or sell your home to pay for care?Downsizing relief is a little-known benefit that could save your loved ones tens of thousands of pounds in inheritance tax after you’ve died.
