With vacancies at records, unions see a one-off opportunity to increase wages, and will continue to push for double digit rises, for example rejecting Rolls Royce’s £2,000 cost of living payment. Employers including the government will resist, but workers may find some wind in their sails in negotiations.
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Coronavirus: Arrivals in UK could soon need negative test
admin, , Business, 0
“However, the lack of a robust quarantine system as a result of shortcomings from the government mean that it...
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Government borrowing fell in April as UK reopened
admin, , Business, 0
“April’s public finances figures showed that the government’s financial position isn’t as bad as the Office for Budget Responsibility...
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Grant Thornton fined £2.3m for Patisserie Valerie scandal
admin, , Business, 0
There had been a similar failure 10 months earlier, when Carillion, a giant construction and services group, also ran...
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Ryanair rapped over ‘misleading’ Covid adverts
admin, , Business, 0
The watchdog said that, given the complexity and fast-changing situation, it was “important that advertisers were cautious when linking...
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Covid: Two tests for all UK arrivals during quarantine
admin, , Business, 0
Speaking at Monday’s coronavirus briefing, Prof Jonathan Van-Tam said: “The more elaborate your plans are for summer holidays, in...
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UK inflation: Rising costs could push family spend up £1,700 a year
admin, , Business, 0
“I’ve never known things to be as challenging as they are currently,” said Andrew Selley, chief executive of Bidfoods,...
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Average two-year mortgage rate close to 6%
admin, , Business, 0
“It is massively hard to navigate for everyone, especially clients, who need to make quick decisions in these circumstances,...
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Russian gas giant Gazprom makes £39m profit in North Sea
admin, , Business, 0
A number of Gazprom executives, including the chief executive Alexei Miller, are under sanctions from the UK government, though...
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