Pound rises against dollar, in sight of 14-month high
By Brenda Goh
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The Business Matrix: Wednesday 6 April 2011
Kingfisher’s chief executive Ian Cheshire has sold £1.6m worth of shares to cover a tax bill. He also transferred £250,000 worth of shares in the B&Q owner to his wife. The shares formed half of an incentive award dating from 2008, which he exercised on Monday.
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