National Waiters’ Day: Unions protest outside Pizza Express, Grosvenor House Marriot Hotel over low pay May 21, 2015 Waiting staff are out on protest today in central London over low pay and claims that Pizza Express management are “pocketing an estimated £1m that should go to poorly paid staff”. Unite the union is organising the event, which began at midday on National Waiters' Day, outside the Leicester Square branch of Pizza Express. [...]
Entreprise bill: Bigger steps needed to help small companies tackle late payments May 21, 2015 Sajid Javid’s new enterprise bill, announced this week in Bristol, is certainly well intentioned, but it's unlikely to have a significant impact on late payment. Late payments are a silent but significant killer of UK businesses. It is not yet clear what tools the government has to resolve this problem. The third party conciliation [...]
UK immigration: These charts show how net migration has increased, where migrants are coming from and why they migrate May 21, 2015 Just as Prime Minister David Cameron outlined his stance on tackling immigration, figures were published showing net long-term migration to the UK last year rose to the highest level in nearly a decade, reaching an estimated 318,000 over the 12 months. In total 641,000 people immigrated to the UK, up from 526,000 the previous [...]
UK national rail strike: Trains not expected to run to Wembley for Norwich City v Middlesbrough Championship play-off final May 21, 2015 UPDATE 2.45pm: The RMT has followed the TSSA union in suspending strike action after an improved offer from Network Rail. Bad news, football fans. It looks like the national UK strike could derail plans to get to Wembley for the Championship play-off final on Monday. The unprecedented strike – which looks set to go ahead despite days [...]
BT Group chief executive Gavin Patterson took home £4.4m last year May 21, 2015 BT chief executive Gavin Patterson received a £1.3m bonus on top of his £950,000 basic for the last financial year, it has been revealed. Patterson took home a total package worth more than £4.4m, up 5.7 per cent on last year. Chief financial officer Tony Chanmugam received a bonus of £714,000 – half [...]
Scrabble updates word list: Lolz, Facetime, emoji and checkbox among latest new high-scoring additions May 21, 2015 Collins Scrabble's new word list will either have you wahhing from your cakehole or lolzing with your bezzy, but if you want to get podiumed you're going to have to suck it up. The iconic word game has issued an update for its legal lexicons with 6,500 new additions – and several of them [...]
Mothercare’s share price soars as group losses narrow under Mark Newton-Jones turnaround plan May 21, 2015 Mothercare's share price soared more than six per cent this morning as the turnaround under chief executive Mark Newton-Jones takes shape, with group losses narrowing by nearly a third. The figures Underlying pre-tax profits at the childcare retailer soared 37 per cent to £13m for the 52 weeks to March 28. After exceptional items [...]
Hatton Garden heist: Eight suspects named ahead of court appearance today May 21, 2015 Eight of the men arrested this week over the Hatton Garden heist have been named after being charged by detectives from the Flying Squad. Terry Perkins, 67, of Enfield; John Collins, 74 of North London; Daniel Jones, 58 of Enfield; Hugh Doyle, 48 also of Enfield; William Lincoln, of East London; Brian Reader, 76 [...]
Barclays and RBS share prices are rising on the back of the forex fine May 20, 2015 The share prices of British banks Barclays and Royal Bank of Scotland are on the rise following the US attorney general's announcement of a multi-billion fine for their involvement in the forex rigging scandal. The $5.6bn fine is a record-breaker, and brings the total paid to settle the forex scandal by the five banks [...]
US officials hand down multi-billion forex-rigging fine to UBS, JPMorgan, RBS, Citicorp and Barclays May 20, 2015 US officials have confirmed the multi-billion-dollar bill being paid by five of the world's biggest banks for their involvement in the forex-rigging scandal. JPMorgan Chase, Royal Bank of Scotland, Citicorp and Barclays will plead guilty to US criminal charges, paying a total of $5.6bn to settle the allegations that date back to 2007. UBS is [...]
