Unite members say they hope to make City institution ‘effectively inoperable’ with four-day industrial action.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Sainsbury’s sales accelerate as it revamps summer food line-up
Sainsbury’s sales surged up in the first quarter of its year as it revamped its convenience food ranges and held down prices on staples such as strawberries and potatoes.
Mayor launches initiative to tackle low pay and lack of diversity in London businesses
London mayor Sadiq Khan is today launching an initiative to boost pay and working conditions in the capital.
‘Pay self-employed minimum wage’
Some of the self-employed should be entitled to the national minimum wage, a think tank has urged.
Sterling fallen below $1.30 after growth in the UK’s manufacturing sector disappointed in June
The pound fell back below $1.30 after figures showed output in the UK’s manufacturing sector fell well short of expectations in June.
Nisa denies staff annual bonuses despite hitting performance targets
Employees say they have been betrayed as convenience chain negotiates possible takeover by Sainsbury’s.
Spending power in longest decline since 1970s as savings hit new record low
Disposable income, adjusted for inflation, has fallen for three quarters in a row, resulting in a sharp squeeze on saving.
Employers ‘having to pay more to recruit new staff’
Many UK employers have had to pay “well above market rate” to attract employees over the past year as a skills shortage intensifies, a survey suggests.
Virgin Media to cut 200 jobs after management shake-up
Virgin Media plans to make around 200 redundancies following a management shake-up at the cable operator.
Multi-billion problem of online fraud being ‘overlooked’
The National Audit Office takes the Government, police forces and banks to task over their response to the growing threat.
‘EU pension’ planned for people who move between countries
European commission sets out proposals for pension that will let workers save seamlessly into one pot wherever they are.
The UK could be losing popularity with foreign investors
The City’s financial services offering may not be quite such a strong bargaining chip in Brexit negotiations as some have assumed, according to a new study by EY.
UK workers ‘frustrated by flatlining pay’
People in the UK feel “frustrated and squeezed” because their pay has flatlined for a decade, the Bank of England’s chief economist has said.
Sony Music goes back to vinyl records
Sony Music, one of the big three global record companies, says it will start pressing its own vinyl releases again for the first time since 1989.
Rolls-Royce safeguards 7,000 UK jobs after announcing £150m investment
The investment is the firm’s biggest in the UK for more than a decade and is welcomed as a vote of confidence in the economy.
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