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By: City A.M. Reporter

All 2878 Articles
  • Unions win court fight with government over agencies filling in for strikers

    July 13, 2023

    Unions have won a High Court fight with the government after challenging law changes they said let agencies supply employers with workers to fill in for striking staff. More than 10 unions, including Aslef, Unite and Usdaw, had taken legal action against ministers claiming the changes undermined the “right to strike”. They argued that the [...]

  • China targets UK ‘prolifically and aggressively’, Westminster’s spy agency watchdog warns

    July 13, 2023

    China targets the UK “prolifically and aggressively” in a way that poses a “challenge” for British intelligence agencies, Parliament’s spy agency watchdog has said. A new and wide-ranging report by the Intelligence and Security Committee (ISC) is critical of the UK Government’s response to the threat posed by China, questioning the trade-off between economic interest [...]

  • Truss suggests mini-budget may have paid off in the long-term

    July 12, 2023

    Liz Truss appeared to suggest her mini-budget may have paid off long-term as her new taskforce warned the UK risks lagging behind other nations unless it tackles stagnation. Britain’s shortest-serving prime minister likened sluggish growth in recent years to a “boiling a frog situation” as she attended an event to launch the Growth Commission. Members [...]

  • Channel 4 bosses decline pay rise as staff battle cost of living crisis and revenues dip

    July 12, 2023

    Channel 4 boss Alex Mahon said the broadcaster’s top executives declined a pay rise and deferred their bonuses to stay “in line” with staff who are battling the cost-of-living crisis amid a “tough downturn” in the advertising market for the channel. The broadcaster’s annual report published on Wednesday said it had to “significantly” tighten the [...]

  • Royal Mail workers accept deal to end dispute over pay and conditions

    July 11, 2023

    Royal Mail workers have voted overwhelmingly to accept a deal to end a long-running dispute over pay, jobs and conditions. Members of the Communication Workers Union backed the agreement by 75 per cent. The union said the vote signals the end of the dispute, which saw more than 115,000 workers take 18 days of strike [...]

  • Digitisation of trade docs would save firms £1.1bn and put UK ‘ahead of G7 and most the world’

    July 11, 2023

    Businesses are expected to save £1.1 billion over 10 years through a proposed change in the law that will allow for greater digitalisation of documents used in international trade, a minister has said. Minister for tech and the digital economy Paul Scully said the change would put the UK at the “forefront of international trade [...]

  • Unite votes not to break historic link with Labour

    July 10, 2023

    Unite has voted to maintain its historic links with Labour – as its chief warned party leader Sir Keir Starmer to listen to the union’s demands amid a rift between the two organisations.Unite votes not to break historic link with Labour General secretary Sharon Graham told a debate at Unite’s rules conference in Brighton on Monday it is not the time for [...]

  • London Underground drivers announce new July strike dates

    July 10, 2023

    London Underground drivers are to strike this month in a long-running dispute over pensions and conditions. Aslef said its members will walk out on July 26 and 28, coinciding with industrial action by members of the Rail, Maritime and Transport union. Finn Brennan, Aslef’s full-time organiser on London Underground, said: “We take action only when [...]

  • Planned six-day strike by British Museum workers called off

    July 10, 2023

    A planned strike by workers at the British Museum has been suspended after progress in a pay dispute. Members of the Public and Commercial Services (PCS) union in the museum’s visitor services and security teams had been set for a six-day walkout from Tuesday in a row over the Government’s promised £1,500 cost-of-living payment to [...]

  • SVB Financial sues US regulator to recover $1.93bn seized in rescue

    July 10, 2023

    SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion the regulator seized during its takeover of the failed Silicon Valley Bank in March, according to a filing in a bankruptcy court on Sunday. The lack of access to the funds was impeding SVB Financial’s reorganisation, it said, [...]

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