The chairman of NatWest bank has argued that changes to the benefits system would be the most effective way for the government to help the poorest families struggling to cope with the cost of living crisis, instead of cutting taxes that also give the wealthy a financial boost. Sir Howard Davies, a former deputy governor […]
Deliveroo has been accused of “seeking endorsement for exploitative practices” after signing a deal with the GMB union that does not ensure its couriers will be paid the legal minimum wage throughout their whole working day. The takeaway group has pledged to pay its 90,000 riders at least the minimum wage after costs but only […]
In a year in which all its rivals have reported record profits, Jaguar Land Rover has slumped to losses of £455 million largely due to a shortage of semiconductors. The loss also includes a write off of £43 million on its closed down operations in Russia because of sanctions over the Ukraine crisis. A year […]
The Bank of England will have to continue to raise interest rates to control inflation despite sluggish growth, a senior Bank of England official said. Sir Dave Ramsden, a member of the central bank’s monetary policy committee (MPC), said that dealing with the surge in prices was tricky in light of the gloomy outlook for […]
Boris Johnson has said he will look at introducing a windfall tax on oil and gas companies but believes they are not the “right way forward”. Rishi Sunak, the chancellor, is threatening to implement a windfall tax amid concerns that energy companies are not investing enough in the UK. Bernard Looney, the chief executive of […]
Calling a man ‘bald’ is sex harassment, an employment tribunal has ruled after an employee complained about being called a ‘bald c***’. Tony Finn had worked for the West Yorkshire-based British Bung Company for almost 24 years when he was fired in May last year. He took them to the tribunal claiming, among other things, […]
Agreement for riders in the self-employed delivery sector provides an innovative blueprint for the future of work, says the GMB and Deliveroo GMB Union and Deliveroo have signed an historic union recognition deal covering the company’s more than 90,000 self-employed riders. The Voluntary Partnership Agreement will see GMB have rights to collective bargaining on pay […]
One in five letters and parcels sent first class do not arrive the next working day, Royal Mail has admitted. Just weeks after it increased its postage prices, when the cost of a first-class stamp went up 10p to 95p, the company said its services had been hit by the continued impact of Covid and […]
The government has said new rules to expand legal use of e-scooters are a priority for the upcoming year. It also said it would legislate to create a new body to oversee UK railways and ban ferries that do not pay workers the equivalent of minimum wage from docking at UK ports. The government outlined […]