Junior doctors threaten ballot to strike over NHS ‘paltry’ pay August 31, 2022 The summer of discontent is set to widen to junior doctors next month, with the British Medical Association to ballot junior doctors for industrial action. The organisation held an emergency meeting this week, with its co-chairs writing to the secretary of state for health and social care, Steve Barclay, expressing their concerns about pay. The [...]
Private equity influx in rugby will not save entire club game August 31, 2022 It’s no new phenomenon to see sports clubs, which tend to be at the heart of the community they serve, face financial challenges and ultimately go under. But why is this happening in rugby when the sport has benefited from a flurry of private equity investment which is shaping the future of the oval-balled game? [...]
40,000 BT staff strike over pay: ‘We won’t have bosses use Swiss banks while workers use food banks’ August 30, 2022 Over 30,000 Openreach engineers and 10,000 BT call centre workers are staging a walkout today over pay, as the summer of strike action continues.
Business secretary clears deal for BT shares by French billionaire Patrick Drahi August 23, 2022 The acquisition of BT shares by French billionaire Patrick Drahi’s Altice has been cleared by the business secretary after a review under the National Security and Investments Act (NSIA). Drahi’s company is now set to increase its BT stake from 12 per cent to 18 per cent, after announcing the decision in December. In a [...]
PwC partners take more than £1m each as consulting arm bolsters firm’s revenues August 18, 2022 PwC today posted “exceptional” results for the past financial year after surging demand for advice, in the face of “challenges and opportunities on multiple fronts,” bolstered the accountancy firm’s revenues The uptick in revenues for the year ended on 30 June 2022 will see partners at the accounting firm receive payouts of £920,000 – up [...]
PwC fined over BT audit failings following discovery of £512m fraud August 8, 2022 The UK’s accounting watchdog today fined PwC £2.5m over claims it failed to properly scrutinize BT accounts following the discovery of a half-a-billion-pound fraud within the telecommunications firm. The UK’s Financial Reporting Council (FRC) said PwC and former partner Richard Hughes failed to treat BT’s management with sufficient professional scepticism following the discovery of a [...]
Government launches security investigation into National Grid pipeline sale August 7, 2022 The Government has launched an investigation into the overseas takeover of the UK's main natural gas pipeline.
Main stream: AFTV founder Robbie Lyle on taking football fan channels overground August 4, 2022 Robbie Lyle, the avuncular face and founder of Arsenal fan media platform AFTV, was walking through New York City when he truly realised what a phenomenon he had created. On his stroll Lyle came across activists marching on Times Square in protest at the Israeli-Palestinian conflict, each with their mouth taped up in a symbol [...]
BT and Openreach strikes continue as Labour frontbencher Lisa Nandy joins picket line August 1, 2022 Thousands of BT and Openreach staff continued to strike today as the row over pay continues with the FTSE 100 firm.
Unite renews threat to pull funding from Labour over Starmer stance on strikes August 1, 2022 Labour’s largest union backer Unite has again threatened to withdraw its funding from the party as it rails against Sir Keir Starmer’s stance on strikes. Unite general secretary Sharon Graham accused Starmer of “sticking two fingers up” to striking British workers and added that it was becoming “harder and harder to defend” paying the party [...]