Topic filter : Contract

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.... It also keeps the export tariff – around £50 a year. The householder is contractually bound to pay Sunplug 9. ... [Read full article on Guardian ]
Saturday 12th of August 2017 06:00:37 AM
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....The deal will make Amazon Prime Video the home for practically all top-flight men’s tennis other than the four grand slam tournaments – including the end of year ATP World Tour finals at the O2 Arena in London. Amazon has aced Sky, whose five-year contract ends in 2018, with a bid thought to be worth as much as £10m a year. ... [Read full article on Guardian ]
Tuesday 1st of August 2017 11:26:47 AM
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. The owners of Learndirect are continuing to win government-approved apprenticeship contracts despite their original company failing to meet the government’s minimum standards. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 09:27:48 PM
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. Builders are to be banned by the government from selling houses as leasehold in England and ground rents on flats could be cut to zero following widespread outrage over exploitative contracts. ... [Read full article on Guardian ]
Monday 24th of July 2017 11:01:37 PM
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....Employment tribunal fees were introduced by the coalition government in July 2013. Charges started at £160 for issuing a claim for lost wages or breach of contract and increased if the case was heard in a tribunal. ... [Read full article on Guardian ]
Wednesday 26th of July 2017 09:11:45 AM
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....Arup found that the technology has become so cheap that developers could deliver turbines for a guaranteed price of power so low that it would be effectively subsidy-free in terms of the impact on household energy bills. France’s EDF was awarded a contract for difference – a top-up payment – of £92. ... [Read full article on Guardian ]
Sunday 23rd of July 2017 05:03:35 PM
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. The Department for Education is to cancel all contracts with Learndirect, the adult training provider that tried to suppress a damning regulator’s report into its poor standards. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 07:03:32 PM
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.... I was happy to fork out more money for what I thought would be quality membership but, given the bad service I received, I am now happy to stick with PureGym. Fitness First requires you to sign up to a 12-month contract with a 14-day cooling-off period. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 06:00:07 AM
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.... A PFI primary school in Middlesbrough, only opened in 2006, was demolished in 2015 because its foundations had been built on “defective fill material” – literally, dodgy ground. Children and staff moved to another site – nevertheless, payments on the contract had to be made. ... [Read full article on Guardian ]
Thursday 3rd of August 2017 07:06:36 PM
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.... One of Learndirect’s concerns was that the report could have such a “catastrophic” impact that it might have to call in administrators. It lost the battle and the report was published; the DfE pulled its contracts. ... [Read full article on Guardian ]
Sunday 20th of August 2017 06:00:35 AM
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....8%, even though official interest rates had barely changed. The past decade has seen the number of cars bought with a personal contract purchase (PCP) plan – under which the car is effectively leased – increase from one in five to four in five. ... [Read full article on Guardian ]
Monday 24th of July 2017 05:40:59 PM
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....17bn to acquire the HSBC tower in Canary Wharf in December 2014. Property company Land Securities, whose other investments range from Brighton Marina to the Lakeside shopping park in Thurrock, Essex, said it had exchanged contracts to sell its 50% stake in the City of London building. ... [Read full article on Guardian ]
Thursday 27th of July 2017 04:22:56 PM
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....Having got up off the floor, some of the City of London’s biggest players are now taking big decisions. They have contracts that extend way beyond 2019, but what Brexit negotiations might mean for them remains chronically unclear. ... [Read full article on Guardian ]
Friday 11th of August 2017 05:00:49 AM
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....The company also demands that trainees pay up to £20,000 if they leave during the training or the first two years of work. A spokeswoman for FDM said: “The professional training we provide is a major financial investment in our people and in line with employers who invest in their people, we have clauses in our contracts that look to recoup the cost of training with a cap of £20,000 if a person leaves during training or the first two years of consulting. ... [Read full article on Guardian ]
Friday 28th of July 2017 05:38:39 PM
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....”. Athens, like most urban centres, has been hardest hit by a crisis that has seen the country’s economic output contract by a devastating 26%. ... [Read full article on Guardian ]
Sunday 30th of July 2017 03:03:21 PM
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....“The government froze the threshold for repayment and hiked the interest rate retroactively, and, despite there being talk of a legal challenge, none has materialised. It appears that in this country, contract law means nothing if your contract is with a government-owned company. ... [Read full article on Guardian ]
Saturday 29th of July 2017 06:00:43 AM
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....One truism of this era is that the average British worker earns less after inflation than they did when RBS nearly died. Most of us have seen not a recovery, but a ripping up of our social contract – so that over 7 million Britons are now in precarious employment. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 05:00:05 AM
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Monday 31st of July 2017 08:55:04 AM
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....The documents were shown to the Guardian by Paul Hopkins, who was employed by BAT in Africa for 13 years, until he blew the whistle internally on what he describes as unethical conduct; he was later made redundant and left in December 2015. Hopkins tried suing BAT for unfair dismissal but an employment tribunal in London ruled that his employment contract was governed by Kenyan rather than English law preventing him from further pursuing his claim in the UK. ... [Read full article on Guardian ]
Friday 18th of August 2017 07:00:17 AM
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....”. Littlewood lists other dysfunctions: “Wage stagnation, poor GDP growth, crony capitalism in the contracting-out of public services, endless gaming of the system by corporations, a general ennui about the prevailing economic system … ” Finally, he cites the event that did more than any other to discredit free-market capitalism in Britain: “the 2008 crash”, the banking crisis caused by the deregulation and hubris of the financial markets. ... [Read full article on Guardian ]
Friday 4th of August 2017 05:00:34 AM
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....”. For years, banks, oil companies and defense contractors dominated the Washington lobbying business. ... [Read full article on Guardian ]
Sunday 30th of July 2017 11:00:18 AM
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.... It got you into an awful lot of trouble if you didn’t take the right path,” he has said. “I’ve always felt that if you’re making a contract with somebody, and every one of our customers is a contract, then you should stick to the letter and spirit right the way through. ... [Read full article on Guardian ]
Sunday 6th of August 2017 12:39:34 PM
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.... The company has invested £6bn in the UK, with a further £6bn planned by 2020. Although Dong will not confirm so publicly, it may be among the offshore wind developers bidding for part of a £290m-a-year pot of government subsidies – known as contracts for difference – which are paid for through household energy bills. ... [Read full article on Guardian ]
Sunday 13th of August 2017 04:39:07 PM
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....Woods told Morgan the Bank would “continue to develop and refine its assessment of the potential stability risks associated with the withdrawal” from the EU. He also said the information received from firms showed some faced significant issues in amending contracts to cope with Brexit. ... [Read full article on Guardian ]
Tuesday 8th of August 2017 11:01:03 PM
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....The truth is Nissan is an all-too-familiar story of how greedy corporations divide and conquer working people. The company has brought in large numbers of contract employees and paid them less than they paid full-timers for the same work – an old trick for driving down everyone’s wages. ... [Read full article on Guardian ]
Thursday 3rd of August 2017 10:00:04 AM
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....The Landlord & Tenant Act 1985 requires freeholders to consult leaseholders if major works will result in a bill of £250 or more per property. Under usual circumstances, the affected leasehold owners are entitled to nominate an alternative contractor to carry out the works and the freeholder is obliged to obtain an estimate. ... [Read full article on Guardian ]
Monday 31st of July 2017 06:00:41 AM
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....1m) in connection with the Simandou iron ore project in the west African nation. The company said at the time that it had launched an internal investigation after becoming aware in late August about emails from 2011 that referred to contractual payments to an unidentified consultant relating to its project in the Simandou mountains, which contain the world’s largest untapped iron ore deposits. ... [Read full article on Guardian ]
Monday 24th of July 2017 08:07:02 PM
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.... “When he arrived on the plane, all the plane clapped him,” said Arkwright. An easyJet spokesman said the person in the photograph is believed to work for Nice airport’s special assistance provider Samsic, which is contracted to provide workers to help to disabled passengers, including those using wheelchairs. ... [Read full article on Guardian ]
Sunday 30th of July 2017 10:58:37 AM
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....The suit, filed on Thursday in Delaware Chancery court and first revealed by Axios, seeks to remove Kalanick from Uber’s board of directors and bar him from interfering with Uber’s business affairs. It demands redress for the alleged “fraud, breaches of fiduciary duty, and breaches of contractual obligations” perpetrated by Kalanick. ... [Read full article on Guardian ]
Thursday 10th of August 2017 11:34:40 PM
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.... However, with the welcome exception of George Osborne’s big minimum wage hikes, that consensus has done too little to deliver actual improvements. The coalition government simply tinkered at the edges of zero-hours contracts, when anyone in practice working regular hours should just be entitled to a regular contract. ... [Read full article on Guardian ]
Wednesday 9th of August 2017 05:00:01 AM
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Latest Finance News related to Contract

China's Dalian Wanda drops purchase of  Nine Elms Square in London image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 08:38:07 AM
....China’s largest commercial property company has ditched plans to buy Nine Elms Square in south-west London after a clampdown by regulators in Beijing on overseas investment. A joint venture between St Modwen Properties and Vinci had exchanged contracts to sell the 10-acre site, previously home to the New Covent Garden flower market, to Dalian Wanda’s Hong Kong division in June. ...
McDonald's workers to coordinate strike with allies around world image
Source : Guardian [Read Article] Monday 21st of August 2017 04:06:40 PM
....The announcement of the symbolic date comes after staff at restaurants in Cambridge and Crayford, in south-east London, voted overwhelmingly on Friday to go on strike. They are demanding wages of at least £10 an hour, secure contracts with guaranteed hours and formal trade union recognition from McDonald’s. ...
Flood damage repair: Leak victim is now home and dry image
Source : Daily Express [Read Article] Monday 21st of August 2017 03:32:00 PM
....“An assessor came, had a good look inside and out, and we agreed the work needed to repair my sitting room,” says Elizabeth. Scaffolding was erected and, according to Saga, the exterior repairs were completed by a sub-contractor chosen by the insurer. ...
Seven ways to cut the cost of Britain’s rail tickets image
Source : Guardian [Read Article] Saturday 19th of August 2017 02:59:16 PM
.... “There is no doubt that Network Rail has no incentive to reduce costs and has not driven down costs. It insists on using this old model of contracting out – but it doesn’t have the skills at the centre to ensure that contracts are done at a reasonable price. ...
From airline cancellations to that ropey hotel, what to do about botched holidays image
.... You would have to complain to the individual providers which, if they are based abroad, won’t be governed by UK legislation. If you paid for the hotel or villa directly by credit card, you could lodge a claim for breach of contract with your card issuer under section 75 of the Consumer Credit Act. ...
McDonald's employees vote to strike over pay and zero-hours concerns image
Source : Guardian [Read Article] Friday 18th of August 2017 10:18:12 PM
....McDonald’s could face its first strike on British soil after workers at two of the fast-food chain’s outlets backed a call for industrial action. Staff at restaurants in Cambridge and in Crayford, south-east London, have voted overwhelmingly in favour of a strike amid concerns over working conditions and the use of zero-hour contracts. ...
Revealed: how British American Tobacco exploited war zones to sell cigarettes image
....The documents were shown to the Guardian by Paul Hopkins, who was employed by BAT in Africa for 13 years, until he blew the whistle internally on what he describes as unethical conduct; he was later made redundant and left in December 2015. Hopkins tried suing BAT for unfair dismissal but an employment tribunal in London ruled that his employment contract was governed by Kenyan rather than English law preventing him from further pursuing his claim in the UK. ...
Learndirect blames government cuts for damning Ofsted report image
Source : Guardian [Read Article] Thursday 17th of August 2017 09:24:49 AM
.... “The proportion of learners and apprentices achieving their qualifications and the quality of teaching, learning and assessment had deteriorated significantly. Leaders and managers at all levels of the organisation failed to oversee and challenge the particularly poor provision delivered by apprenticeship subcontractors. ...
Learndirect owners still winning government-approved contracts image
Source : Guardian [Read Article] Wednesday 16th of August 2017 09:27:48 PM
. The owners of Learndirect are continuing to win government-approved apprenticeship contracts despite their original company failing to meet the government’s minimum standards. ...
Broadband deals: Stop overpaying for internet contracts image
Source : Daily Express [Read Article] Wednesday 16th of August 2017 09:20:00 AM
....7billion a year. The average household on an "out-of-contract" broadband deal is overspending by an average of £113 a year as a result. ...
UK pay growth picks up as unemployment rate falls again image
Source : Guardian [Read Article] Wednesday 16th of August 2017 08:36:46 AM
....“The number of workers born elsewhere in the EU continues to increase, but the annual rate of change has slowed markedly. “New figures on the number of workers who say they are on zero-hours contracts show a small drop on last year. ...
Department for Education pulls all Learndirect contracts and funding image
Source : Guardian [Read Article] Tuesday 15th of August 2017 07:03:32 PM
. The Department for Education is to cancel all contracts with Learndirect, the adult training provider that tried to suppress a damning regulator’s report into its poor standards. ...
RBS preparing to cut nearly 900 IT jobs, says union image
Source : Guardian [Read Article] Tuesday 15th of August 2017 02:33:43 PM
....Royal Bank of Scotland is preparing to cut nearly 900 IT jobs, union officials have warned, as the bailed-out bank continues to trim costs in its battle to regain profitability. Officials at the Unite union said 880 posts were at risk, with RBS planning to lose 40% of permanent IT staff in London and 65% of contractors by 2020. ...
Mears Group cuts profits forecast in wake of Grenfell Tower fire image
Source : Guardian [Read Article] Tuesday 15th of August 2017 01:00:41 PM
. The UK social housing maintenance company Mears Group has downgraded its profit forecast and slashed its full-year revenue predictions as its clients delay new contracts following the Grenfell Tower fire. ...
Fitness First is last when it comes to cancelling gym membership image
Source : Guardian [Read Article] Tuesday 15th of August 2017 06:00:07 AM
.... I was happy to fork out more money for what I thought would be quality membership but, given the bad service I received, I am now happy to stick with PureGym. Fitness First requires you to sign up to a 12-month contract with a 14-day cooling-off period. ...
Ten years after the crash, there’s barely suppressed civil war in Britain | Aditya Chakrabortty image
....One truism of this era is that the average British worker earns less after inflation than they did when RBS nearly died. Most of us have seen not a recovery, but a ripping up of our social contract – so that over 7 million Britons are now in precarious employment. ...
Sainsbury's Nisa takeover talks paused after competition concerns image
Source : Guardian [Read Article] Monday 14th of August 2017 04:31:08 PM
....Insiders said the Morrisons deal had not been a factor in Sainsbury’s decision not to make a bid for Nisa. It has been suggested that, while it made up a big proportion of sales, the contract was not a major profit driver. ...
State pension CHAOS: Savers fearing poverty and many don't even KNOW when they can retire image
....A new flat-rate pension was introduced last year, but it's feared many people have no idea of the amount they will receive at retirement. People who 'contracted out' or took career breaks payouts may not understand their entitlement may be affected. ...
ENERGY customer delivered into safe hands after dire billing muddle  image
Source : Daily Express [Read Article] Monday 14th of August 2017 02:39:00 PM
. The confusion surrounding Dorothy Swaine’s contract with British Gas was also compounded by a mix-up over her address. ...
Diamond tycoon Beny Steinmetz detained in fraud inquiry image
Source : Guardian [Read Article] Monday 14th of August 2017 01:13:14 PM
....The diamond miner was detained last December and placed under house arrest while police investigated allegations that he had arranged for bribes to be paid so that his company, Beny Steinmetz Group Resources (BSGR), could secure half the rights to a lucrative iron ore deposit in the west African country of Guinea. The latest police investigation is understood to concern allegations that contracts were forged in order to move and launder money. ...
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss image
.... The company has invested £6bn in the UK, with a further £6bn planned by 2020. Although Dong will not confirm so publicly, it may be among the offshore wind developers bidding for part of a £290m-a-year pot of government subsidies – known as contracts for difference – which are paid for through household energy bills. ...
Bell Pottinger faces hearing over claims it stirred racial tension in South Africa image
.... Bell Pottinger, which was being paid £100,000 a month by the Guptas’s Oakbay company, allegedly orchestrated the creation of fake Twitter accounts to target prominent white business people in South Africa, some of whom were Bell Pottinger clients. Maimane, who this week called an unsuccessful vote of no confidence in Zuma over allegations that he gave the Guptas’ companies preferential access to government contracts, has called for the PRCA to strip Bell Pottinger of its membership of the trade body. ...
The growing gulf in life expectancy shows how austerity has deepened inequalities image
.... Many doctors and public health campaigners believe they give the lie to the idea of Britain as an equitable, civilised country. Our poorest people are those most likely to contract cancer, heart disease, diabetes, liver disease, breathing problems – pretty much every life-shortening condition there is. ...
Should homeowners warm to EDF Energy’s free solar panel system? image
Source : Guardian [Read Article] Saturday 12th of August 2017 06:00:37 AM
.... It also keeps the export tariff – around £50 a year. The householder is contractually bound to pay Sunplug 9. ...
Jacques Delors foresaw the perils of austerity. How we need his wisdom now | Mark Seddon image
.... For the decade from 1985 to 1995, Jacques Delors, as president of the European commission, not only helped fashion the modern-day EU and its single currency, he refined a new and much more purposeful social dimension: a “social chapter” designed to protect the rights of people at work. The TUC and others seized upon this new social contract especially in rapidly deregulating Britain, as a vital bulwark against the free marketeers’ drive to weaken unions, abolish collective bargaining and lower wages. ...
Battle for power at Uber as investor sues ex-CEO Travis Kalanick alleging fraud image
....The suit, filed on Thursday in Delaware Chancery court and first revealed by Axios, seeks to remove Kalanick from Uber’s board of directors and bar him from interfering with Uber’s business affairs. It demands redress for the alleged “fraud, breaches of fiduciary duty, and breaches of contractual obligations” perpetrated by Kalanick. ...
10 years after the crash, alternatives are emerging | Letters image
Source : Guardian [Read Article] Thursday 10th of August 2017 06:12:03 PM
....Next, the Low Pay Commission should be tasked with setting higher minimum wage rates in those sectors of the economy that could easily afford to pay it without shedding jobs. Moreover, companies should be required to publish the pay ratio between their highest and lowest paid staff, including contract and agency workers, and to peg subsequent increases at the bottom of the pay scale to those at the top. ...
UK defence contractor billed US more than $50m in expenses image
Source : Guardian [Read Article] Wednesday 9th of August 2017 09:56:22 PM
....4m) in expenses that included luxury cars and salaries paid to the “significant others” of the company’s top executives, according to a Pentagon audit. New Century Consulting (NCC) also spent $42,000 on automatic weapons, using cash to get around a prohibition in the contract on purchasing the firearms and showered other personnel with hefty pay and bonuses. ...
We let the 2007 financial crisis go to waste | Torsten Bell image
Source : Guardian [Read Article] Wednesday 9th of August 2017 05:00:01 AM
.... However, with the welcome exception of George Osborne’s big minimum wage hikes, that consensus has done too little to deliver actual improvements. The coalition government simply tinkered at the edges of zero-hours contracts, when anyone in practice working regular hours should just be entitled to a regular contract. ...
Bank of England warns Brexit will put strain on regulatory resources image
Source : Guardian [Read Article] Tuesday 8th of August 2017 11:01:03 PM
....Woods told Morgan the Bank would “continue to develop and refine its assessment of the potential stability risks associated with the withdrawal” from the EU. He also said the information received from firms showed some faced significant issues in amending contracts to cope with Brexit. ...
Bank of England deputy's Brexit warning is strong stuff | Nils Pratley image
Source : Guardian [Read Article] Tuesday 8th of August 2017 11:01:03 PM
.... Banks would have to be strong enough to keep lending in an environment of “higher loan impairments, increased risk of default and lower asset prices and collateral values”. Second, cross-border insurers sound daunted by the scale of work needed to transfer contracts between entities. ...
Britain’s young suffer as austerity continues to take its toll | Letters image
.... Who could have predicted that, by 2016, so many young people would be dependent on food banks and without hope for their own futures?. Highly qualified and experienced staff have been replaced by unqualified staff, often on zero-hours contracts, with the subsequent decline in both quality and quantity of provision. ...
Ed Sheeran’s Divide puts Warner Music’s streaming income on track to cross £1bn image
.... Digital revenues across the business grew 30% to $496m, accounting for more than half of the record company’s total income in the quarter. In May, Warner Music renewed its licensing contract with YouTube in tough talks Cooper referred to in an internal memo at the time as not being a “free market” negotiation. ...
Green & Black’s new bar shows Fairtrade is under threat. But we still need it | Lucy Siegle image
.... Fairtrade is a governance system designed (imperfectly) as a response to the failure of mainstream trade to deliver sustainable livelihoods and development opportunities to the world’s most marginalised producers – small-scale independent farmers. Through the Fairtrade system producers group together and gain access to market through brands committed to the social contract. ...
Crane spotters predict leaner times for UK builders image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
....6%. The activity was explained by a sharp rise in social housing repair and maintenance contracts in the wake of the Grenfell Tower fire. ...
Sainsbury's cost-saving measures will cut 1,000 head-office jobs image
Source : Guardian [Read Article] Sunday 6th of August 2017 04:17:04 PM
....Sainsbury’s is the preferred bidder for Nisa, which is owned by its shopkeeper members, but its period of exclusivity is thought to expire at the end of this week. Last week, Nisa was dealt a blow by McColl’s, its biggest customer, which announced it was transferring contracts worth 40% of its sales to Morrisons. ...
Staff at Tesco-owned One Stop demand better redundancy deal image
Source : Guardian [Read Article] Sunday 6th of August 2017 01:10:10 PM
. Head office staff at the Tesco-owned One Stop convenience chain are fighting for a better redundancy package after it emerged employees on Tesco contracts were being offered a more generous payoff. ...
Trailfinders blames Brexit vote for wiping out £12m profit image
Source : Guardian [Read Article] Sunday 6th of August 2017 12:39:34 PM
.... It got you into an awful lot of trouble if you didn’t take the right path,” he has said. “I’ve always felt that if you’re making a contract with somebody, and every one of our customers is a contract, then you should stick to the letter and spirit right the way through. ...
Employment statistics tell skewed story about UK jobs market Katie Allen image
....Consider the following four factors. First is the rise of short-hours contracts and of zero-hours contracts, whereby employees are not guaranteed a minimum number of hours in any given week. ...
Student loans: graduates still face cash grabs of £300 a month image
Source : Guardian [Read Article] Saturday 5th of August 2017 06:00:04 AM
.... I moved to Australia permanently three years ago and immediately let the SLC know. I now have to go through a painful reassessment of my income every six months – it requires my last six months’ pay slips, a letter from my employer confirming my pay and a copy of my contract. ...
Fitbit is giving me the runaround after their device burned my wrist image
Source : Guardian [Read Article] Saturday 5th of August 2017 06:00:04 AM
.... I would have been straight back to John Lewis to demand a full refund. The Consumer Rights Act is clearly on your side – and it’s the retailer that you have the contract with. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....”. Littlewood lists other dysfunctions: “Wage stagnation, poor GDP growth, crony capitalism in the contracting-out of public services, endless gaming of the system by corporations, a general ennui about the prevailing economic system … ” Finally, he cites the event that did more than any other to discredit free-market capitalism in Britain: “the 2008 crash”, the banking crisis caused by the deregulation and hubris of the financial markets. ...
Britain is still a world-beater at one thing: ripping off its own citizens | Aditya Chakrabortty image
.... A PFI primary school in Middlesbrough, only opened in 2006, was demolished in 2015 because its foundations had been built on “defective fill material” – literally, dodgy ground. Children and staff moved to another site – nevertheless, payments on the contract had to be made. ...
Nissan dispute could go down as most vicious anti-union crusade in decades | Bernie Sanders image
....The truth is Nissan is an all-too-familiar story of how greedy corporations divide and conquer working people. The company has brought in large numbers of contract employees and paid them less than they paid full-timers for the same work – an old trick for driving down everyone’s wages. ...
Addison Lee suffers latest defeat in legal row over gig economy rights image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 04:39:33 PM
. Addison Lee has become the latest company to face defeat in court over its treatment of workers as “independent contractors” without rights to holiday pay or the national minimum wage. ...
Populist trade policies won’t protect jobs anywhere in the world | Kenneth Rogoff image
....Trade will surely increasingly permeate the service sector, too. Amazon’s Mechanical Turk (named after the 18th-century chess-playing machine which actually had a person cleverly hidden inside) is an example of a new platform that allows buyers to contract very small specific tasks (for example, programming or data transcription) at developing countries’ wage rates. ...
Amazon outbids Sky to win exclusive ATP tour tennis rights image
Source : Guardian [Read Article] Tuesday 1st of August 2017 11:26:47 AM
....The deal will make Amazon Prime Video the home for practically all top-flight men’s tennis other than the four grand slam tournaments – including the end of year ATP World Tour finals at the O2 Arena in London. Amazon has aced Sky, whose five-year contract ends in 2018, with a bid thought to be worth as much as £10m a year. ...
So estate agents are being replaced by robots? It’s about time | Rhiannon Lucy Cosslett image
....And that isn’t the only reason that customers feel fleeced – there are the tiny flats that turn out to be not at all as advertised: poky, damp hovels barely fit for human habitation which agents insist are stellar opportunities. There’s also the pressure tenants can be put under to come up with the cash, often resulting in them signing up to unfavourable properties on contracts with even less favourable terms without being given enough time to think about the consequences. ...
ESSATI garage doors victim vows to fight warranty “con” image
Source : Daily Express [Read Article] Monday 31st of July 2017 05:15:00 PM
....“When I spoke to P Kelly Warranties they insisted I paid £65 for a home visit.  We contested this and tried other contractors, but once I mentioned the name Essati, they refused and mentioned safety worries. ...
Should I renegotiate my offer price after survey points to problems? image
Source : Guardian [Read Article] Monday 31st of July 2017 08:51:02 AM
....A Given that the flat is empty, you might be able to persuade the seller to get the repairs done because he won’t have the inconvenience of having building work done around him. But getting the seller to make the necessary repairs before you exchange contracts could mean you run the risk that he may want to put the price up once the work is complete to cover his costs. ...
Owners of ex-local authority homes face horror of bills running into thousands image
....The Landlord & Tenant Act 1985 requires freeholders to consult leaseholders if major works will result in a bill of £250 or more per property. Under usual circumstances, the affected leasehold owners are entitled to nominate an alternative contractor to carry out the works and the freeholder is obliged to obtain an estimate. ...
Greek debt crisis: ‘People can’t see any light at the end of any tunnel’ image
....”. Athens, like most urban centres, has been hardest hit by a crisis that has seen the country’s economic output contract by a devastating 26%. ...
EasyJet passenger punched by airport worker in France image
Source : Guardian [Read Article] Sunday 30th of July 2017 10:58:37 AM
.... “When he arrived on the plane, all the plane clapped him,” said Arkwright. An easyJet spokesman said the person in the photograph is believed to work for Nice airport’s special assistance provider Samsic, which is contracted to provide workers to help to disabled passengers, including those using wheelchairs. ...
BT offers to bring fast broadband to every rural community by 2020 image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:04:03 PM
....A spokesman at the Department for Digital, Culture, Media and Sport said that if any potential deal was done with BT it would not abandon a manifesto pledge that every household has a legal right to fast internet. The government said it will not sign any potential contract with BT unless that legal obligation is transferred to the company. ...
Bosses are failing to honour minimum pay laws, warns Britain’s job market tsar image
....He said he wanted to look at high-street companies being jointly responsible if abuses were found among their suppliers, and suggested he could recommend that any goods made by an offending supplier could be seized, leaving empty shelves in shops and discouraging big companies from continuing to work with them. “I have been told the garment trade is riddled with noncompliance among the subcontractors,” he said. ...
Student Loans Company criticised over 'penalty interest' on funds image
Source : Guardian [Read Article] Saturday 29th of July 2017 07:40:24 AM
....The penalty interest, which is equivalent to the rate paid by the highest earners, is charged until the loan holder provides the required information. But even in extenuating circumstances the interest may not be retrospectively removed, according to the SLC, which highlights the small print in contracts signed by students. ...
Victory! New-build leaseholds banned … but what of those already trapped? image
....The government this week announced plans to ban leasehold on future new-build homes, and cut ground rents on new flats to as low as zero. But those already trapped in spiralling ground rent contracts say the nightmare will continue until developers are forced to pay compensation. ...
Goodbye 25-year mortgages, but are we walking into a borrowing trap? image
Source : Guardian [Read Article] Saturday 29th of July 2017 06:00:43 AM
.... Most products come with an overpayment facility of 10% per annum, so it may be sensible to take the longer term and then use the overpayment to reduce the loan faster. This way they are not contractually obligated to meet the payment schedule of a 25-year term. ...
Graduate anger mounts over ‘nightmare’ Student Loans Company image
Source : Guardian [Read Article] Saturday 29th of July 2017 06:00:43 AM
....“The government froze the threshold for repayment and hiked the interest rate retroactively, and, despite there being talk of a legal challenge, none has materialised. It appears that in this country, contract law means nothing if your contract is with a government-owned company. ...
Capita told graduates to pay £21,000 for leaving unpaid training scheme image
....The company also demands that trainees pay up to £20,000 if they leave during the training or the first two years of work. A spokeswoman for FDM said: “The professional training we provide is a major financial investment in our people and in line with employers who invest in their people, we have clauses in our contracts that look to recoup the cost of training with a cap of £20,000 if a person leaves during training or the first two years of consulting. ...
Crossrail firm fined £1m over worker's death and other safety breaches image
....Health and safety investigators found that “simple measures” to provide safe exclusion zones would have prevented all three incidents. The contractors, Bam Ferrovial Keir (BFK), a joint venture of three construction companies led by Bam Nuttall, pleaded guilty to three offences at Southwark crown court. ...
London's Walkie Talkie building sold for record-breaking £1.3bn image
Source : Guardian [Read Article] Thursday 27th of July 2017 04:22:56 PM
....17bn to acquire the HSBC tower in Canary Wharf in December 2014. Property company Land Securities, whose other investments range from Brighton Marina to the Lakeside shopping park in Thurrock, Essex, said it had exchanged contracts to sell its 50% stake in the City of London building. ...
Foxtons blames economic uncertainty as profits plunge by 64% image
Source : Guardian [Read Article] Thursday 27th of July 2017 09:25:24 AM
....1m. The letting fees, which are to cover the cost of conducting viewings, verifying references and drawing up contracts, have become an increasingly important money-earner for the industry, averaging £337. ...
I’m trapped in my leasehold property by ever-doubling ground rent image
Source : Guardian [Read Article] Thursday 27th of July 2017 06:00:42 AM
....I am a homeowner trapped in a leasehold property which seems unsaleable. When I bought the 11-year-old flat five years ago I was unaware of a clause in the contract which allows the ground rent to double every 10 years. ...
Victory on employment tribunal fees: this is what justice feels like | Jason Moyer-Lee image
.... After years of working in factories in Spain they fled the economic crisis there, came to London, and started work as cleaners. For years they did not have written employment contracts despite having requested these on numerous occasions and were not always paid on time for the work they did; sometimes pay packets would be missing hundreds of pounds. ...
Boots ends 130 years of manufacturing as it sells off factories image
Source : Guardian [Read Article] Wednesday 26th of July 2017 12:24:08 PM
....Daniel Adams, Usdaw national officer, said he would be “looking for reassurances about jobs, members’ terms and conditions, as well as intended future plans”. “After being informed of the company’s intentions to sell its contract manufacturing operation, the hard-working and loyal staff are understandably concerned. ...
Mike Ashley wins high court battle over '£15m pub deal' image
Source : Guardian [Read Article] Wednesday 26th of July 2017 09:30:42 AM
....“The Sports Direct senior management meetings certainly show that Mr Ashley is happy to combine discussion of business matters with the consumption of alcohol,” the judge said in his ruling. “But there is no evidence to suggest that Mr Ashley has ever negotiated or concluded a contract at one of these meetings. ...
Ministers vow to end employment tribunal fees after court defeat image
Source : Guardian [Read Article] Wednesday 26th of July 2017 09:11:45 AM
....Employment tribunal fees were introduced by the coalition government in July 2013. Charges started at £160 for issuing a claim for lost wages or breach of contract and increased if the case was heard in a tribunal. ...
ITV chairman says it will never reveal how much it pays its stars image
Source : Guardian [Read Article] Wednesday 26th of July 2017 08:52:21 AM
.... The BBC is funded with public money. We would never discuss confidential contracts for anyone working at ITV. ...

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