Travel plans over the festive season are under threat as the UK’s rail minister warns of staff shortages and fresh strike action by Avanti West Coast train managers. Lord Peter Hendy, speaking at the House of Commons transport select committee, expressed concern that reduced staffing levels could disrupt Christmas train services, compounding the impact of […]
Energy bills for most British households are poised to rise again this spring, as an uptick in wholesale gas prices and escalating network charges put renewed financial pressure on millions of families. Forecasts from Cornwall Insight, the energy consultancy, indicate that Ofgem’s price cap could nudge up by around 1 per cent to £1,762 a […]
Vodafone is facing a £120 million-plus legal action brought by 61 of its current and former UK franchisees, marking one of the largest franchise-related claims to hit a major British company. The group of claimants, many long-standing and loyal franchise partners who began their careers with Vodafone, allege the telecoms giant breached its duty of […]
In a significant setback for the London Stock Exchange’s global standing, Ashtead, one of Britain’s largest equipment hire groups, has announced plans to shift its primary listing to the United States. The move deals another blow to London’s efforts to remain attractive to major companies, following a series of high-profile departures in recent years. Ashtead, […]
Thames Water, Britain’s largest water supplier, has warned it will exhaust its cash reserves by March 2025 if it fails to secure urgent court approval for a £3 billion financial rescue package. Without the deal, the heavily indebted company could be forced into temporary nationalisation, piling further pressure on the UK’s already embattled utilities sector. […]
UK employers cut their recruitment efforts sharply in November, with job vacancies falling at their fastest rate since the onset of the pandemic. Fresh data from KPMG and the Recruitment and Employment Confederation (REC) reveal that demand for staff declined “at a sharp and accelerated pace,” pointing to a deepening malaise in the labour market […]
Chancellor Rachel Reeves is set to call for a “reset” in Britain’s economic relationship with the European Union, arguing that closer ties would help break down barriers to trade and enhance both sides’ growth prospects. In the first address by a British chancellor to the Eurogroup since Brexit, Reeves will say that while the UK […]
Recruiters have warned that Angela Rayner’s proposed overhaul of workers’ rights could force employers to sack staff who fall ill for extended periods, as businesses grapple with new cost burdens at a time of escalating employment expenses. Under the government’s plans, employees will be able to claim statutory sick pay (SSP) from the first day […]
Breadcrumb Trail Links News Economy Retail & Marketing With the holidays fast approaching, the number of parcels that remain unprocessed continues to grow Published Dec 06, 2024 • Last updated 19 minutes ago • 3 minute read Canada Post employees and supporters rally as they are reflected in a window at Canada Post headquarters in Ottawa, […]
A federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app to a non-Chinese entity by mid-January or face a ban in the United States. The decision by the U.S. Court of Appeals for the District of Columbia Circuit marks a significant escalation in the ongoing scrutiny of […]