Shares in recruitment firm Page Group drop amid macroeconomic uncertainty despite record profits January 14, 2019 Recruitment firm Page Group saw its shares fall by seven per cent today after it said in its annual results statement that Brexit uncertainty has affected the job market. The FTSE 250 recruiter said that while it had increased its number of fee-earning staff by 561 in the first three quarters of 2018, this slowed [...]
Jobs boom ‘not just driven by low-wage jobs’, Resolution Foundation says January 14, 2019 Britain’s jobs boom has particularly benefited lower-income households but half of all employment growth since the financial crisis has come from high-paid jobs, according to think tank the Resolution Foundation. The group’s report into the country’s decade-long employment surge, which has seen an 2.7m jobs created, found that the jobs boom has not been driven [...]
These are the world’s coldest jobs – here’s how much you could get paid to work at minus 39 degrees celsius January 11, 2019 Now that it’s January, you may be thinking about switching up your CV and getting a new job to kick off the new year. If you’re a big fan of winter and the accompanying freezing weather conditions, then one of the world’s coolest careers might be your next step to chasing the snow. Even in [...]
Bombardier slashes hundreds of Belfast jobs in cost cutting drive November 21, 2018 Aerospace manufacturer Bombardier is to axe 490 jobs in Belfast as it scrambles to cut costs and streamline its operations. The aerospace firm had indicated earlier this month that UK jobs may be at risk as it announced 5,000 worldwide redundancies, most of those in Canada, where it is based. Bombardier said following the announcement [...]
Bank of England chief economist Andy Haldane hails ‘new dawn’ for wages after decade of stagnation October 10, 2018 The Bank of England's top economist today hailed a "new dawn" for wage growth after a "lost decade" for British workers' pay packets. Andy Haldane said that average weekly earnings growth had shown a "clear rise" and that other indicators of labour market tightness have increased to historically high levels. The Bank of England and [...]
UK industrial production drops in July as exports struggle September 9, 2015 UK factory output fell by 0.5 per cent in July compared with June, according to figures released the Office for National Statistics this morning, as firms continue to battle against a strong pound weak economic growth in major export markets. Total industrial production, which includes mining and quarrying as well as manufacturing, dropped 0.4 per cent. [...]
Pizza Express forced to redivide the dough September 9, 2015 Pizza Express has bowed to customer pressure and given waiting staff a bigger slice of the tips they receive when customers pay by credit or debit card. Eight in 10 of us usually tip waiters, so it is no surprise campaigners had targeted the restaurant chain over its failure to grant 100 per cent [...]
John McFarlane to staff: Leaked memo says Barclays needs to make “tough calls” to push up shareholder returns September 8, 2015 It's been just a couple of days since the traditional back to work season kicked off and already Barclays' boss John McFarlane has ruffled a few feathers with a memo sent to staff hinting at a cull. In a welcome back note sent to all Barclays staff this morning, City A.M. understands that the man famously [...]
British Airways’ Gatwick pay cuts: Has BA’s restructuring appeared from thin air? September 8, 2015 It’s one of the oldest tricks in the book. Would you like to take a lower-paid role or face the exit? British Airways is waving the magic wand and a number of senior cabin crew are under its spell. Hundreds of senior cabin crew at Gatwick are faced with taking big pay cuts or being let go. BA [...]
Watch out Mike Ashley: Unite the union protesters to target Sports Direct AGM dressed as Dickensian workers over “Victorian” zero-hours contracts September 8, 2015 Sports Direct's AGM tomorrow is set to be an even more lively affair than usual. Unite the union has revealed plans for a protest outside the AGM with members dressed as Dickensian workers. They will be demanding "an end to ‘Victorian’ work practices at the retailer’s nearby Shirebrook warehouse and that the company pays [...]