The number of people on controversial zero hours contracts has reached a record high of 910,000.
Category: News Wire
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‘Long shadow’ of financial crisis hits incomes
Typical household incomes in the UK will not grow for the next two years due to the “long shadow” of the financial crisis, a report suggests.
Snapchat owner debuts on Wall Street valuing company at £19bn
Snap is the first US social-media company to go public since Twitter did so more than three years ago and it is the largest IPO since Alibaba’s in 2014
Yahoo boss Marissa Mayer loses millions in bonuses over security lapses
After hacks affecting the personal details of 1 billion users, the chief executive loses cash bonus of $2m and gives up stock awards worth millions more
Agent Provocateur goes bust
Agent Provocateur is expected to fall into administration later today, before being immediately sold back to Sports Direct through a controversial pre-pack deal.
Sir Philip Green agrees to pay £363m into BHS pension fund
Retail tycoon says deal is part of a cash settlement with Pension Regulator which has now halted its enforcement action.
ITV profits fall as advertising revenue slips
ITV has reported a 14 per cent fall in annual pre-tax profits to £553m as advertising revenues declined by 3 per cent.
Britons taking the day off work cost the economy £18bn every year
People taking days off work cost the UK economy billions every year, with the toll to rise considerably over the next decade, a new study has found.
NHS faces crisis unless rights of 145,000 EU workers guaranteed, TUC says
London, the South East and the East of England are the most vulnerable to losing vital staff.
Raising pension age will mean many people die before getting it, say MPs
Government should move away from ‘triple lock’ guarantee, says work and pensions select committee.
Moneysupermarket announces share buyback after growing profits
Moneysupermarket Group is launching a £40m share buyback after reporting increased revenue and profit for the year to 31 December 2016.
UK firms call for Brexit to be delayed if a trade deal isn’t struck
The BCC says the Government needs to provide ‘solutions and certainty’ to businesses before a divorce from the EU is finalised.
BT landline-only users set for price cut
Customers who only buy landline services from BT are set to get at least £5 a month taken off their bills under plans set out by the telecoms regulator, Ofcom.
Lidl boost for UK produce in Europe
Discount supermarket Lidl might be known for bringing bargain bratwurst to the UK, but the German chain is enjoying its own Brexit boost after exporting £300m worth of British goods across Europe.
Sterling tumbles on renewed reports of a second Scottish independence vote
The pound fell during early Asian trading after reports that Scotland could be about to call a second independence referendum.
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