Union launches collective grievance against Bolt over holiday pay September 22, 2022 The union GMB has launched a collective grievance on behalf of Bolt drivers over holiday pay. The union said it was seeking to secure “future and past of drivers’ earnings” when it comes to holiday pay, as the UK Supreme Court established an industry standard last year. “It’s a simple fact that Bolt owes drivers [...]
Rees-Mogg faces attacks from Tory MPs on plans to scrap fracking ban September 22, 2022 Business secretary Jacob Rees-Mogg has faced a series of attacks from the Tory backbenches over the government’s plan to lift the England moratorium on fracking. Rees-Mogg today told MPs that opposition to lifting of the fracking ban was “sheer Luddite-ry”, after the government last night released a British Geological Survey (BGS) into the practice. The [...]
Failure to cut energy demand risks ‘reckless’ waste of taxpayer money September 22, 2022 Capping energy prices without boosting insulation would risk a “reckless” use of taxpayers’ money, warned the Social Market Foundation.
Cyclists form human barrier in Old Street to protest bike safety concerns September 22, 2022 Around 350 cyclists gathered in Old Street earlier this morning to protest cycling safety concerns on one of the Capital’s most dangerous routes. The Make the Lane protest was organised by campaigner groups Camden Cyclists and Cycle Islington brought traffic to a standstill along the Clerkenwell boulevard route, on the way into the City. During [...]
Citigroup to wind down UK retail bank under renewed strategic vision September 22, 2022 Citigroup has said it intends to wind down its retail bank in the UK, as its chief executive pursues a more streamlined strategy. The bank has said it would like to bolster its offer to services for affluent clients, and has asked some retail clients to turn to its private bank. As this division in [...]
Uniper reaches deal with Government to keep coal plant open over winter September 22, 2022 Uniper has secured an agreement with the Government to extend the life of its remaining unit in Nottinghamshire.
Exclusive: The City’s best-known headhunter on decades in the midst of the action September 22, 2022 One of London’s biggest executive search companies, Anthony Gregg Partnership, is celebrating its 20th year in business this week. Time for City A.M. to sit down with chief executive Tony Gregg to look back on the last two decades as he opens up about what the anniversary means to him and to hear what the Square Mile insider [...]
Lidl now highest-paying supermarket in UK with £39.5m investment in staff salaries September 22, 2022 Discount giant Lidl has committed £39.5 in salary increases to its store and warehouse staff, becoming the highest-paying supermarket in Britain. The retailer is increasing hourly rates from £10.10 to £10.90 outside the capital, and within London, hourly wages will go up to £11.30 and £11.95 inside the M25. , Some workers are set to [...]
TfL confirms Byford’s departure as COO Lord steps in on interim basis September 22, 2022 TfL has confirmed the departure of commissioner Andy Byford at the end of October as current chief operating officer Andy Lord steps in on an interim basis. Byford said he will leave the network and move back to the US, where he lived and was New York City Transit’s president. Announced today, Byford’s resignation comes [...]
Sterling’s freefall is global but there are still markets where the Pound buys you more than last year September 22, 2022 The pound has tanked again against the dollar and is now down 18 per cent year-on-year. As the Bank of England prepares to hike interest rates later today, Sterling has endured a rough ride on the currency markets over the last 12 months. As a result, this is making holidays more expensive in 48 out [...]