Vodafone has terminated the contracts of 12 current franchisees who are among a group of 62 business owners pursuing a £120 million High Court claim against the telecoms giant, intensifying a bitter and long-running legal battle over alleged mistreatment within its UK retail network. The decision comes more than two years after franchisees first accused […]
The UK has long been a leader in artificial intelligence (AI) research, pioneering breakthroughs in areas like healthcare, financial modelling and cybersecurity. The Government’s AI Action Plan and recent investments highlight a clear ambition to establish the UK as a global AI superpower. However, ambition alone is not enough. The UK is ranked among the […]
The chief executive of BT Group has warned that the rollout of artificial intelligence across the business could result in further job cuts beyond the 55,000 roles the company has already earmarked for redundancy. In an interview with the Financial Times over the weekend, Allison Kirkby, who took over from former chief executive Philip Jansen […]
This week, senior business leaders from across the UK and Australia gathered at Australia House in London to explore how businesses can drive a global shift in family-friendly working. he roundtable, chaired by Richard Basil-Jones of the Australia-UK Chamber of Commerce and sponsored by QBE, focused on the evolving role of employers in supporting working […]
Chancellor Rachel Reeves has come under mounting pressure from devolved governments after being accused of underfunding Scotland, Wales and Northern Ireland in the wake of her decision to increase employer national insurance contributions (NICs). The 1.2% rise in NICs for employers on salaries above £5,000, introduced on 6 April, is being covered by the Treasury […]
Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Local equities are looking up, with Nifty futures pointing to a positive start. However, the mood’s still cautious with no signs of a let up in Israel-Iran conflict. Oil’s still a key focus for traders, given the conflict’s impact on India, a major energy […]
“Prices are still very close to the record, and given the geopolitical situation any further escalation will push them higher,” said John Feeney, an analyst at Guardian Gold Australia. “Gold has performed very well as a haven recently, and it seems a lot of investors are moving funds out of US bonds and into the […]
While the government’s efforts on rice appears to have helped Ishiba, last week’s moves to address the rising cost-of-living with cash handouts were less well received. The same Kyodo survey showed 54.9% were against the ruling party’s promise to hand out ¥20,000 ($138) per person, while 67% of respondents to the Asahi poll said they […]
The Canadian union, which disagreed with the UAW’s bargaining direction, negotiated some of the richest contracts for workers in Canada, and under Hargrove’s leadership it expanded beyond the auto industry into other sectors, including the airlines, mines and fisheries.
That type of action may draw the US, the world’s most powerful military, into the conflict, something Tehran has probably calculated it can’t afford, according to Bloomberg Economics analysts. That’s partly because the Iranian economy is already weak, with inflation at almost 40%, and public frustration with the government is high.