EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.
Chicken King’s empire still in the red despite sales passing £3bn May 8, 2024 The food empire run by the so-called "Chicken King" has spent another year in the red despite its turnover rising to more than £3bn.
Labour’s workers’ rights plans could face ‘significant’ changes, lawyers warn May 4, 2024 Labour’s promised reforms to workers rights could face “significant changes” before taking effect, employment lawyers have warned.
Scotland set for weaker growth despite avoiding recession – but there is room for optimism May 2, 2024 Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.
Sensodyne maker Haleon to cut over 400 jobs and close its only UK factory April 30, 2024 The maker of Sensodyne toothpaste and Advil painkillers has announced plans to close its only UK factory which will see the loss of more than 400 jobs.
KPMG hires ex-prisoners as part of Gov strategy to tackle £18bn reoffending cost April 24, 2024 KPMG has become the first white collar British business to employ former prisoners as part of a new pilot programme by the Government
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Diesel slips into red as challenging conditions slow growth at fashion brand’s UK arm April 19, 2024 The UK arm of fashion brand Diesel slipped into the red in 2023 as the challenging economic conditions impacted its finances.
Flexible jobs market booming as UK workers won’t budge on return-to-office demand April 17, 2024 According to exclusive data shared with City A.M. by Flexa, compared to this time last year, 62 per cent more flexible jobs are on offer in job adverts.
Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.