Storm’s brewing as Tetley Tea braced for further strikes Business Tetley, one of the nation’s favourite tea brands, is braced for further disruption as a major row over pay continues. The GMB Union has announced 12 more strike dates which will see almost 150 workers walk out in a dispute over what it describes as “poverty pay”. The dates of the planned industrial action are [...]
Growing labour market slack ‘strengthens case for further rate cuts’ Economics "A greater number of candidates and reduced demand helped to limit pay growth," the survey said.
Socialists won’t stop my bumper bonus, says Wizz Air boss Aviation Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.
Asda workers ‘owed over £2bn in back pay’ as 159 MPs write to bosses September 24, 2024 Retail workers at supermarket giant Asda are owed more than £2bn in back pay, according to the GMB Union. The claim comes as 159 MPs wrote to bosses at the Leeds-headquartered company calling for an end to “pay discrimination” of its supermarket workers. The politicians have also called on TDR Capital, which is about to [...]
Games Workshop suffers major shareholder revolt after top bosses handed huge bonuses September 18, 2024 Warhammer maker Games Workshop has suffered a major shareholder revolt after handing millions in bonuses to its top bosses. The Nottingham-headquartered company saw almost 21 per cent vote against its remuneration report and nearly 27 per cent vote against its remuneration policy at its AGM today (Wednesday, 18 September). Following record sales and pre-tax profit [...]
Asda: Huge equal pay court case starts amid demonstrations September 9, 2024 A court case over equal pay involving more than 60,000 Asda workers has started amid demonstrations being staged in Brighton and Manchester. The GMB union, which has said the case is the biggest ever in the private sector, is arguing that the predominantly female retail workforce is paid up to £3.74 an hour less than [...]
Pay pressures continue to ease in weakening labour market, survey shows September 9, 2024 Neil Carberry, chief executive of the REC said, weaker pay growth should "reassure" the Bank that its decision to cut interest rates last month was "the right call".
Next stop £195,000? Another law firm hikes junior lawyer pay May 29, 2024 Clifford Chance is the latest magic circle firm to raise its newly-qualified salary in a salary war that has no sign of slowing down
Hourglass in City highlights ‘painfully’ slow progress closing gender investment gap May 14, 2024 Female Invest has launched a new campaign to start the conversation about equality in the square mile.