EasyJet embroiled in dividends row

Stelios Haji-Ioannou has sparked a fresh row with the EasyJet airline he founded by demanding an increase dividend payments, it was reported today.

Haji-Ioannou, who with his family owns 38% of the company, sent a letter to chairman Mike Rake, which was seen by the Sunday Times and lists several demands including more than doubling its dividend to 50% of earnings.