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. Striking British Airways cabin crew have announced a further two weeks of action for the first half of August in their battle over pay and sanctions at the airline. ... [Read full article on Guardian ]
Wednesday 19th of July 2017 05:25:45 PM
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. ExxonMobil showed “reckless disregard” in violating Russian sanctions while Rex Tillerson was the oil company’s CEO, the treasury department said on Thursday. ... [Read full article on Guardian ]
Thursday 20th of July 2017 04:22:56 PM
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....4m. This is a company that was rewarded with a £100m profit last year, so not a particularly onerous sanction. ... [Read full article on Guardian ]
Sunday 16th of July 2017 04:35:55 PM
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Latest Finance News related to Sanction

Exxon fined $2m for violating Russia sanctions while Rex Tillerson was CEO image
. ExxonMobil showed “reckless disregard” in violating Russian sanctions while Rex Tillerson was the oil company’s CEO, the treasury department said on Thursday. ...
British Airways cabin crew extend strike into August holiday peak image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:25:45 PM
. Striking British Airways cabin crew have announced a further two weeks of action for the first half of August in their battle over pay and sanctions at the airline. ...
HBOS inquiry: the time for delays is over | Nils Pratley image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:28:07 PM
.... Indeed, as head of the Prudential Regulation Authority at the time, he was one of the authors of the damming 400-page report that declared that “ultimate responsibility for the failure of HBOS rests with its board”. That same report, however, left the question of sanctions against individuals in the air. ...
Cracking a joke about Wimbledon’s dress code | Brief letters image
Source : Guardian [Read Article] Sunday 16th of July 2017 04:35:55 PM
....4m. This is a company that was rewarded with a £100m profit last year, so not a particularly onerous sanction. ...
British Airways cabin crew strikers prepared for long haul image
Source : Guardian [Read Article] Saturday 15th of July 2017 03:00:09 PM
.... I just want a living wage. While a pay deal of 7% over three years has been agreed in principle, crew have refused to accept sanctions against those involved in earlier walkouts: the withdrawal of bonuses and travel perks. ...
Sexual harassment in Silicon Valley: have we reached a tipping point? image
....”. This power imbalance means that bad behavior often goes unpunished, particularly since there’s no codified professional framework to protect founders when they are interacting with investors: there’s no employment contract, no human resources department, and no sanctions for those who abuse their positions of power. ...
One by one, Brexit’s ‘salvations’ are seen to be illusory | Nick Cohen image
....Other countries have their national interests too. The supposedly omnipotent German car manufacturers did not stop Angela Merkel imposing sanctions on Russia after the invasion of Ukraine, even though sanctions hurt sales. ...
Ending austerity means increasing taxes or deficit, warns thinktank image
Source : Guardian [Read Article] Saturday 8th of July 2017 07:00:02 AM
. Philip Hammond will have to rip up the government’s deficit reduction plan or increase taxes for most of the population if he decides to end seven years of austerity by sanctioning higher public sector pay, reversing welfare cuts and providing extra cash for Whitehall departments, a thinktank has said. ...
'Battle mood' EU threatens bourbon whiskey in US steel trade row image
Source : Guardian [Read Article] Friday 7th of July 2017 11:17:26 AM
....Only two US presidents – Richard Nixon and Gerald Ford – have granted relief under section 232 of the 1962 trade law, citing national security concerns stemming from the global oil crisis of the 1970s. The European council president, Donald Tusk, also revealed some members of the G20 were opposing words in the draft communique supporting sanctions, and asset freezes being imposed on Libyan smugglers of refugees. ...
HMRC wins Rangers 'big tax case' ruling image
Source : BBC [Read Article] Wednesday 5th of July 2017 04:12:59 PM
....". It's unlikely the football authorities will have much appetite to sanction another investigation but that won't stop some calling for just that. ...
Russia's future looks bleak without economic and political reform | Kenneth Rogoff image
.... And, in the face of intense lobbying by powerful oligarchs, the CBR kept interest rates up to tame inflation, which had reached more than 15% but has since fallen to close to 4%. Of course, western sanctions – particularly restrictions on banks – have exacerbated the situation. ...
HBOS took £240m hit after 'serious control breakdown' in Reading image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:35:25 PM
.... The passage said: “A serious control breakdown in corporate’s Reading office was discovered in March 2007. “A senior member of staff had been sanctioning limits and additional facilities beyond the scope of his delegated lending authority undetected for at least three years. ...
Subway: What's behind the sandwich chain's UK success? image
Source : BBC [Read Article] Tuesday 4th of July 2017 03:32:42 PM
....It has faced questions about staff pay after the UK tax authorities found some of its franchisees were not paying the minimum wage. Mr Dowding said the company took action, but declined to say what sanctions it imposed on the seven franchisees. ...
Rupert Murdoch's Sky bid is now very likely to succeed image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:01:16 PM
.... The allegations amount to “significant corporate failure” but Sky would still be a fit and proper organisation to hold a broadcast licence under 100% ownership by Fox. That outcome was expected since the regulatory threshold for removing a broadcast licence is high (Owen Oyston, who did suffer the sanction, was convicted of rape) and it would be a brave regulator that deprived the punters of live football, even temporarily. ...
Murdoch's Sky takeover bid: culture secretary's verdict due this week image
....Fox News was taken off air between 5am and 11pm on election day to avoid any issues with Ofcom. The company has never had a more serious sanction handed down by Ofcom, unlike UK broadcasters including ITV and the BBC which have both been fined for serious breaches. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
.... It has become clear to many of May’s advisers and close colleagues that the Tory party might not survive a second election this year without stealing some of Labour’s clothes. There is the possibility she will sanction scrapping, or dramatically reducing tuition fees, to nullify one of Labour’s most popular pledges. ...
BA cabin crew call two-week strike in July over pay dispute image
Source : Guardian [Read Article] Friday 16th of June 2017 01:51:16 PM
....Members of the Unite union rejected a deal that included bonuses and travel perks being withheld from crew who had taken action earlier in the year. Unite said they had called the action, which runs from 1 to 16 July, after the airline refused to accept the union’s final compromise position on the sanctioning of striking cabin crew. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
....EU officials are expected to announce in the coming weeks that the tech giant has been guilty of manipulating its search engine results to favour its new Google Shopping service, which offers price comparisons on products. The unprecedented sanction, if tabled, follows a seven-year investigation by Brussels. ...
Ex-Barclays director who backed Vote Leave appointed City minister image
Source : Guardian [Read Article] Wednesday 14th of June 2017 04:45:30 PM
....Barclay, according to his website, qualified as a solicitor before working in financial regulation and then financial crime prevention. He was director of regulatory affairs and then head of anti-money laundering and sanctions in the high street banking operations of Barclays. ...
Russia lifts sanctions on Turkish food in diplomatic thaw image
Source : BBC [Read Article] Friday 2nd of June 2017 02:18:40 PM
....The food ban affected many items, including fresh Turkish cucumbers, apples, pears, grapes, strawberries and chicken and turkey offal. Russia continues to ban imports of most Western food and drink, in retaliation for wide-ranging Western sanctions in place since Russia annexed Crimea in 2014. ...
Putin scorns US claims over Trump-Russia ties image
Source : BBC [Read Article] Friday 2nd of June 2017 11:58:17 AM
.... Do we need to give you a tablet?" he said in a debate at the St Petersburg Economic Forum. A US journalist had asked him if Russia had reached a secret deal with Mr Trump to soften US sanctions on Russia. ...
British Airways cabin crew to hold four-day strike over pay dispute image
....Unite members of the mixed fleet, set up in 2011 on inferior pay and conditions, will walk out from 16 June in a dispute over “poverty pay” at the airline. A proposed deal was reached in May, but one which included sanctions against crew who had been on strike and deprived low-paid staff of travel perks. ...
Ukraine raids offices of 'Russian Google' image
Source : BBC [Read Article] Tuesday 30th of May 2017 05:02:57 PM
....Yandex, which says it has 11 million users in Ukraine, denies doing so. The Ukrainian President, Petro Poroshenko, announced sanctions against the firm earlier this month. ...
Ofcom to review charges for calls to directory inquiries services image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
....Prices have increased by up to 17-fold since BT’s service was opened up to competition in 2003, but in 2013 Ofcom abandoned its own proposals to impose a cap on 118 call charges after protests from the telecoms industry. Instead, last year it sanctioned a top price bracket of £15. ...
The British (pitch) invasion image
Source : BBC [Read Article] Friday 26th of May 2017 09:47:31 PM
.... It meant that a duelling, politically combative pair of leagues came alive at the same time, both seeking control of the marketplace and of the game. They were the United Soccer Association (USA), headed by Cooke and his allies and sanctioned by the US soccer authorities and global governing body Fifa, and the "outlaw" National Professional Soccer League (NPSL). ...
Paradise in the Med image
Source : BBC [Read Article] Thursday 25th of May 2017 09:54:43 PM
.... He said the island had nothing to hide. Its corporate tax system was sanctioned by the Organisation for Economic Co-operation and Development (OECD) and is in line with the EU's freedom of establishment. ...
Oil bosses have given £390,000 to Tories under Theresa May image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 05:00:43 AM
.... Vitol is a major trader in North Sea oil and owns VPI Immingham on the river Humber which provides power for oil refineries. The firm was fined £13m in 2007 after admitting payments to the Iraqi state oil company, and in 2012 was engaged in oil trade with Iran after EU sanctions had been put in place. ...
Ex-RBS boss Fred Goodwin returns to spotlight in £520m court battle image
.... He is being prepared for the case by his legal team at Clifford Chance who will be advising him on what to expect in court and prepare his formal witness statement. It is a civil case heard before a high court judge without a jury so Goodwin does not face any criminal sanction, but RBS is facing a compensation claim of £520m plus interest – which could take it up to £800m – from the investors. ...
General election 2017: 'Robin Hood tax' on City pledged by Labour image
....Mr McDonnell also said Labour would ensure "fairness" in the UK's tax system with a string of tax-avoidance measures. These include increasing the number of people investigating the tax affairs of the wealthiest individuals, banning companies involved in tax avoidance from public contracts, sanctions against "abusive" tax havens, and forcing MPs to publish details of any offshore financial interests. ...
I was conned by a fraudster pretending to be an Airbnb host image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
....I am taken aback by its attitude. The scam artist was able to place a listing and steal my money without any scrutiny or sanction. ...
Uber faces criminal probe in US over 'greyball' code image
Source : BBC [Read Article] Friday 5th of May 2017 08:51:04 AM
.... It helped Uber limit fraud and protect drivers from harm, it added. It is not clear what sanctions Uber will face if the investigation finds that it did act illegally. ...
Women make up same proportion of UK high earners as six years ago image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
....“The expectation is that gender pay reporting will start to make an impact in the next few years,” said Watson. “However, there have been concerns that the new legislation lacks teeth as businesses that fail to report their gender pay figures will not face any sanctions and those that report particularly bad gender pay figures will simply be ‘named and shamed’. ...
As wind, wave and shale power converge, could this be the end for Opec? image
.... Global oil discoveries were at a record low in 2016, at 2. 4bn barrels compared with an average 9bn barrels over the past 15 years, and the number of projects sanctioned by companies was at a 70-year low. ...
Trump won't scrap Nafta trade deal 'at this time' image
Source : BBC [Read Article] Thursday 27th of April 2017 05:40:25 AM
....On Tuesday, the US lost a trade battle with the other Nafta signatory. The World Trade Organization ruled that Mexico could impose more than $160m (£125m) annually in sanctions against the US on commerce in tuna, capping a dispute dating back to 2008. ...
Trump 'considering draft order to scrap Nafta' image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:10:08 PM
....On Tuesday, the US lost a trade battle with the other Nafta signatory. The World Trade Organization ruled that Mexico could impose more than $160m (£125m) annually in sanctions against the US on commerce in tuna, capping a dispute dating to 2008. ...
Sports Direct staff supplier Transline faces administration image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:57:01 PM
...." . Sports Direct owner Mike Ashley recently sanctioned the appointment of a workers' representative to the firm's board in an attempt to improve the company's image. ...
Accountants Grant Thornton fined £2.3m over audit image
Source : BBC [Read Article] Monday 24th of April 2017 02:48:48 PM
...." . "This misconduct is rightly reflected in the seriousness of the sanctions, such as the exclusion of Mr Napper from membership of the ICAEW (Institute of Chartered Accountants of England and Wales) and the fines on both respondents. ...
Disney, the Gap and Pepsi urged to quit US Chamber of Commerce image
Source : Guardian [Read Article] Monday 24th of April 2017 11:00:17 AM
.... It has used its influence to fight anti-tobacco legislation across the world. The chamber campaigned against US sanctions on Russia after its incursions into Ukraine and Donohue met Egypt’s authoritarian president, Abdel Fatah al-Sisi, after his recent White House visit. ...
Exxon Mobil denied permission to resume Russian oil work image
Source : BBC [Read Article] Friday 21st of April 2017 08:47:11 PM
. Oil giant Exxon Mobil will not be allowed to resume drilling in Russia after US President Donald Trump vowed to uphold sanctions. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
.... António Horta-Osório, the bank’s chief executive, said it was a “moment of huge pride for all of us at Lloyds” that the government could say it has already reclaimed its money. Even so, it has taken much longer than expected during the financial crisis and has only been possible because Hammond was able to sanction the recent sales at a loss because of profits made from earlier transactions when the share price was higher. ...
Volkswagen to pay $2.8bn for cheating on US diesel emissions tests image
Source : Guardian [Read Article] Friday 21st of April 2017 03:38:12 PM
....VW admits that nearly 600,000 diesel cars in the US were programmed to turn on pollution controls during testing and off while on the road. VW attorney Jason Weinstein says the criminal fine is an “appropriate and serious sanction”. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....Iranian nationals living legally in the UK often have to go to extra lengths when opening a bank account and many who already with one have complained about their accounts being abruptly closed. Some banks refuse to explain why, while others cite sanctions against Iran as the main reason. ...
Germany wants a strong EU. Why would it allow Britain an easy Brexit? | Charles Grant image
.... They echo Merkel’s belief that the strength of the EU matters more than the loss of a bit of trade. And even where corporate pressure exists, German politicians have often privileged strategic interests over economics: big business has been lobbying against EU sanctions on Russia for the past two years – to no effect. ...
Sensors, scanners and surveillance: at the expo to outfit Trump's border wall image
.... It was the sound of US bureaucracy and capitalism putting bones on a policy conjured in June 2015 when the future president glided down a Trump tower escalator and called Mexicans rapists. The US could further bolster security by applying British-style sanctions against companies and landlords which employed and housed people in the country illegally, Tony Smith, the former head of Britain’s Border Agency, told the Guardian, after speaking on a panel. ...
Donald Trump: China 'not a currency manipulator' image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:59:49 PM
....Before the US election, Mr Trump likened this to "raping" the US, and promised to label China a currency manipulator on his first day in office. That would have triggered talks between the countries and potentially led to US sanctions - something experts warned would have prompted retaliation. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
....And if there is one constituency that Trump listens to consistently, it is business. Aggressive US trade sanctions against China would send equity prices plunging, alarming a US president who measures his economic policy success by the level of the stock market. ...
The Crusader: Trader falls victim to debt collector trying to get back money owed image
....While many small businesses do have insurance to protect them, claiming for a bad debt can hike up policy premiums so much it puts them off. That leaves them especially vulnerable to unscrupulous debt collectors in an industry where authorisations and sanctions vary widely. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
.... This might sound counter-intuitive given that Beijing can deploy the economic nuclear option if Trump makes good on his campaign pledge to slap whopping tariffs on Chinese imports. The US owes China more than $1 trillion and Xi could send America’s economy into a tailspin by sanctioning a dumping of US Treasury bonds. ...
The lost generation: ‘I’m 30-something and still depressed and broke’ image
.... “The culture of the benefits office, the old DHSS, has poisoned the job centres. Essentially you’re going there to be sanctioned, you’re going there to check that you are a job seeker, that you are on the path to finding work, and the process is so unpleasant you’d do anything not to do that. ...
New broom image
Source : BBC [Read Article] Friday 24th of March 2017 12:07:35 AM
....In recent years, the sport has focused on maximising its revenues, but despite expanding into new markets, it has arguably failed to attract a new generation of enthusiasts. Races have been held in countries with little or no F1 heritage or established audiences, but where governments have proved willing to pay ever-higher sanctioning fees in exchange for the glamour associated with hosting a grand prix. ...
Why becoming a tax haven would be bad news for Britain image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:42 PM
.... No doubt it would do the same for Guernsey, the Isle of Man, the Cayman Islands and all the other British tax havens. A tax-haven list, with economic sanctions to be attached, is already being prepared by Brussels. ...
S Korea complains to WTO about China over Thaad image
Source : BBC [Read Article] Monday 20th of March 2017 09:12:27 AM
....Tong Zhao, a fellow from the Carnegie-Tsinghua Center for Global Policy, believes China's economic pressure may ultimately prove counter-productive. "Threats of economic sanctions are part of coercive diplomacy, but they may not be useful in addressing the Thaad issue," he wrote in a 2016 report. ...
Labour demands answers over George Osborne's Evening Standard job image
Source : Guardian [Read Article] Sunday 19th of March 2017 08:00:16 PM
.... “I am demanding that the government tell us just how much the Evening Standard earns in advertising revenue from them, and especially from the former chancellor’s old department, the Treasury. “There are a real questions to answer, but Osborne has brazenly flouted the rules by applying for, accepting and announcing a new job before the ethics watchdog could investigate and sanction it. ...
Unilever is safe, but we need better defences against short-term capitalism image
.... The $1. 9bn fine imposed in 2012 for breaching US sanctions still looms large: a monitor installed by the US Department of Justice to oversee the bank’s attempts to improve its compliance functions is still there. ...
Brazil meat-packing giants 'exported rotten beef' image
Source : BBC [Read Article] Friday 17th of March 2017 08:21:35 PM
....Brazil is the world's largest red meat exporter. Agriculture Minister Blairo Maggi will meet foreign ambassadors on Monday to reassure them and try to prevent sanctions being issued against Brazilian meat exporters. ...
Scottish independence: Referendum demand 'will be rejected' image
Source : BBC [Read Article] Thursday 16th of March 2017 06:01:03 PM
.... Possibly after the next Holyrood elections. Options for the FM? She could sanction an unofficial referendum, without statutory backing. ...
Marked down image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:14:06 AM
.... . These ranged from fines and loss of jobs to prison sentences; students caught cheating would be banned from re-sitting the exam as a minimum sanction. ...
Democrats question Trump 'conflict of interest' with Deutsche Bank investigation image
.... It also wanted more information about Ross’s relationship to Josef Ackermann, the former chief executive of Deutsche Bank who was installed as chairman of Bank of Cyprus after Ross was part of a consortium that invested $1bn in the bank in 2014. Among other questions, the senators wanted to know whether Ross had ever met the Russian ambassador or any other Russian government officials; ever met Russian investors at Mar-a-Lago, Trump’s Florida golf club, and whether the bank was involved with any individuals placed under US sanctions following Russia’s annexation of Crimea. ...
ZTE fined $1.1bn for flouting US sanctions against Iran image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:17:10 PM
....1bn and will plead guilty to charges that it violated US rules by shipping US-made equipment to Iran and North Korea. ZTE Corp obtained and illegally shipped US-made equipment to Iran in violation of US sanctions, the Justice Department said. ...
Philip Hammond urged to pause cut in benefits for widowed parents image
Source : Guardian [Read Article] Tuesday 7th of March 2017 09:00:38 AM
.... “Most parents do an amazing job of getting back to work and building a new life around their children’s needs. The last thing we should be doing is interfering with that by putting them under pressure to find work or face sanctions,” she said, adding that children’s mental health was closely related to how well their surviving parent coped and was around. ...
Oil price will soar without investment in capacity, says watchdog image
Source : Guardian [Read Article] Monday 6th of March 2017 04:00:17 PM
....The next two fastest-growing oil suppliers are expected to be Canada and Brazil. Inside the Opec, the bulk of new supplies is anticipated to come from Iraq, the UAE and Iran, though that could be affected by the wild card of further sanctions on the latter. ...
Cement firm Lafarge paid Syrian armed groups image
Source : BBC [Read Article] Thursday 2nd of March 2017 11:24:34 AM
...."At times, different armed factions controlled or sought to control the areas around the plant," the firm said. "It appears from the investigation that the local company provided funds to third parties to work out arrangements with a number of these armed groups, including sanctioned parties, in order to maintain operations and ensure safe passage of employees and supplies to and from the plant," it added. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
.... He rushed the order on his travel ban, failing to vet it with the relevant departments. His first national security adviser, Michael Flynn, had to resign, after it emerged that he had misled Vice-President Mike Pence about discussing US sanctions with the Russian ambassador before Trump’s inauguration. ...
City watchdog investigating HSBC over potential financial crime, bank reveals image
....Gulliver said: “Our monitor has raised certain concerns but we have continued to progress and our commitment remains unwavering. By the end of this year, we are on track to have our anti-money laundering and sanctions policy framework in place and to have introduced major compliance IT systems across the group. ...
Is Finland’s basic universal income a solution to automation, fewer jobs and lower wages? image
.... But a big chunk of welfare spending now goes on permanently supporting people in jobs that don’t pay enough to support their families. As the contributory principle has been eroded, politicians have sought to create a new sense of legitimacy by loading the system with sanctions that dock jobseeker benefits for minor transgressions. ...
Two-car families pay £40 extra per month as fuel prices soar, says AA image
Source : Guardian [Read Article] Friday 17th of February 2017 12:01:17 AM
....Petrol prices dropped sharply in early 2016 when an oil glut pushed the cost of crude below $27 a barrel. Iran ramped up production after international sanctions on the country were lifted. ...
Deutsche Bank examined Trump's account for Russia links image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:31:00 PM
....On Monday the Michael Flynn resigned as US national security adviser after it emerged he had lied to the vice-president, Mike Pence, over his conversations with Russia’s ambassador to Washington. Flynn had discussed the possibility of the incoming Trump administration lifting Russian sanctions. ...
UK bosses face tougher punishments over corporate governance rules image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:18:39 AM
....The Financial Reporting Council, which polices the corporate governance codes for listed companies, is asking for new powers to rein in boardroom bosses. It is is currently only able to fine and ban individuals who are members of professional bodies but does not have powers to sanction boardroom directors who are not and wants to to be able to do so. ...
Steven Mnuchin, former Goldman Sachs exec, confirmed as treasury secretary image
Source : Guardian [Read Article] Tuesday 14th of February 2017 12:50:03 AM
....Senate majority leader Mitch McConnell said Mnuchin “is smart, he’s capable, and he’s got impressive private-sector experience”. Mnuchin will soon be in charge of reforming the tax code, a top priority for Republicans, as well as imposing economic sanctions on foreign governments and individuals, including Russia. ...
BA cabin crew call four-day strike over pay image
Source : Guardian [Read Article] Friday 10th of February 2017 05:04:46 PM
....Unite’s national officer, Oliver Richardson, said: “BA should focus on addressing poverty pay in its mixed fleet, rather than continuing to waste hundreds of thousands of pounds on chartering in aircraft to cover striking workers. “Despite the bully boy tactics, the threats and the sanctions, our members in British Airways mixed fleet have continued to show great resolve in their fight for better pay. ...
GSK needs no medicine despite talk of poor performance image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:49:04 PM
.... Rio may be luckier, but one expects more rigour. How is Sajid Javid’s white paper on the “broken” housing market going down? Are investors terrified by the sanctions that await any company hoarding land and not contributing to the government’s new construction targets? No. ...
British Airways cabin crew begin six days of strikes image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:58:36 PM
....Members of the mixed fleet at Heathrow were set to walk out for most of this week from Sunday in a dispute over what the union, Unite, describes as poverty pay. But BA anticipates that many of the 2,900 crew involved will report for work, and has increased sanctions on strikers by threatening to dock two years of bonuses and removing all staff travel discounts for the next year from anyone joining industrial action. ...

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