Goldman Sachs boss praises staff for speaking out against ‘inhumane’ treatment and 100-hour weeks March 23, 2021 Goldman Sachs boss praises staff for speaking out against 'inhumane' treatment and 100-hour weeks
Rio Tinto to partner with Indigenous leaders despite native claims of ‘no visibility’ March 23, 2021 Rio Tinto will set up a panel to better manage its relationships with indigenous groups after the mining giant destroyed sacred rock shelters in Australia last year. Former CEO Jean-Sébastien Jacques and other senior executives, Chris Salisbury, Simone Niven and Simon Thompson, have all stepped down following the controversy. The destruction of Jukkan Gorge in [...]
Half of CEOs don’t expect a return to normal this year, but the push to embrace remote working stalls March 23, 2021 Half of CEOs don't expect a return to normal until 2022, but their push to embrace remote working has stalled, with fewer downsizing offices or advertising fully remote job postings
Phase out: UK to have just one coal-burning plant as EDF eyes West Burton closure March 22, 2021 UK to have just one coal-burning plant as EDF eyes West Burton closure
Green revolution: Johnson Matthey makes decarbonisation push into mining sector March 19, 2021 Sustainable technologies company Johnson Matthey has teamed up with metals miner Sibanye-Stillwater to accelerate new battery technologies in the push for a low-carbon future. The LSE-listed tech company aims to cut the carbon footprint in metal supply chains by expanding on its clean hydrogen production, fuel cell products, next generation battery material and solutions for [...]
Supreme Court rules care companies do not have to pay sleep-shifts March 19, 2021 The Supreme Court has dismissed appeals this morning to pay hourly for sleep-in shifts, a sigh of relief for care companies and investors but a setback for carers and healthcare staff. The ruling in the Mencap v Tomlinson-Blake case means the time a worker is required to sleep on site does not count towards minimum [...]
EU to impose sanctions on Chinese officials over human rights abuses March 17, 2021 The European Union agreed today to sanction Chinese officials for human rights abuses, two diplomats have said, the first penalties against Beijing in over three decades. EU envoys authorised travel bans and asset freezes on four Chinese figures and one entity, whose name has not been made public. The Chinese officials were accused of human [...]
City Moves: Who is switching jobs in the Square Mile this week? March 17, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD appoints new chair The Institute of Directors (IoD) has appointed a new chair after a thorough search process, who will step into the role next Monday. Patrick Macdonald is set to take [...]
Uber: What does the workers’ rights U-turn mean for the ride-hailing giant? March 17, 2021 Uber agreed yesterday to give its 70,000 UK drivers holiday pay and pensions following a landmark ruling in the Supreme Court. The court ruled that all UK drivers are employees of the taxi giant — rather than being self-employed — and are therefore eligible to receive holiday pay on a fortnightly basis. Susannah Streeter, senior [...]
Pandemic-graduates fear diminished work prospects amid record competition March 17, 2021 A near two-thirds of graduates fear the pandemic will negatively shape their future career prospects, as 53 per cent are concerned over remote working difficulties, according to new research. Milkround data has revealed that the pandemic has pushed 11 per cent of graduates to stay in education for longer than anticipated, with 64 per cent [...]
