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....org. uk, where they can rate their workplace by checking, among other things, if it pays the living wage, recognises trade unions and is safe. ... [Read full article on Guardian ]
Saturday 24th of June 2017 03:00:03 PM
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. The lack of wage growth in Britain’s economy is the result of turning the clock back to the days before the Industrial Revolution when there were no trade unions and self-employment was rife, the chief economist of the Bank of England has suggested. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 04:09:13 PM
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.... The most secure are employees, who have full rights including entitlements to flexible working, maternity pay and sick pay. The importance of these categories has been highlighted by a string of tribunals led by trade unions questioning the status of drivers and riders including successful cases brought by cycle couriers at CitySprint and Excel and drivers for taxi app Uber. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 06:01:08 PM
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.... Workers from Cardiff will be offered work there but few are expected to move. Nick Ireland, the divisional officer of Usdaw, the shopworkers’ trade union, said workers in Cardiff were “understandably shocked” by the announcement. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 02:05:28 PM
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Latest Finance News related to Trade Union

Low wages are 'return to pre-industrial Britain', says Bank of England economist image
. The lack of wage growth in Britain’s economy is the result of turning the clock back to the days before the Industrial Revolution when there were no trade unions and self-employment was rife, the chief economist of the Bank of England has suggested. ...
Tesco staff 'shocked' as call centre closure puts 1,100 jobs at risk image
Source : Guardian [Read Article] Wednesday 21st of June 2017 02:05:28 PM
.... Workers from Cardiff will be offered work there but few are expected to move. Nick Ireland, the divisional officer of Usdaw, the shopworkers’ trade union, said workers in Cardiff were “understandably shocked” by the announcement. ...
Government inspectors should enforce workers’ rights, says Law Society image
.... The most secure are employees, who have full rights including entitlements to flexible working, maternity pay and sick pay. The importance of these categories has been highlighted by a string of tribunals led by trade unions questioning the status of drivers and riders including successful cases brought by cycle couriers at CitySprint and Excel and drivers for taxi app Uber. ...
Austerity has strangled the British economy. Only Labour gets this | Joseph Stiglitz image
....Under Ronald Reagan in the United States and Margaret Thatcher in the UK, there was a rewriting of the basic rules of capitalism. These two governments changed the rules governing labour bargaining, weakening trade unions; and they weakened anti-trust enforcement, allowing more monopolies to be created. ...
Black and Asian workers more likely to have insecure jobs, says TUC image
.... That call chimes with Labour’s pledge to ban all zero-hours contracts and put a halt to unpaid internships if it wins next week’s snap general election. The trade union group is also calling for rules that force employers to publish ethnic monitoring reports on recruitment, pay and employment type. ...
Fresh bid to oust Unite union boss Len McCluskey image
Source : BBC [Read Article] Friday 2nd of June 2017 04:59:05 AM
....A bid to oust Len McCluskey as the leader of the Unite union is to be launched later. The trade union regulator will be asked to rule that Unite's recent general secretary election - which Mr McCluskey won by 5,500 votes - was invalid. ...
Reborn British Steel gives shares to workers after return to profit image
Source : Guardian [Read Article] Thursday 1st of June 2017 12:30:06 PM
....”. Unite, the trade union, welcomed the financial results but warned that the steel industry remains under pressure and called the government’s lack of support “reprehensible”. ...
Trade union membership has plunged to all-time low, says ONS image
Source : Guardian [Read Article] Thursday 1st of June 2017 10:43:25 AM
....“Cuts to the public sector workforce have meant the loss of many good quality jobs, and recent growth in private sector employment has been characterised by a large proportion of insecure jobs,” said the TUC general secretary, Frances O’Grady. “This presents challenges to trade unions for recruitment. ...
Brazil's stock market plunges after corruption claims image
Source : BBC [Read Article] Thursday 18th of May 2017 04:31:38 PM
.... There is currently no minimum retirement age. There are also labour reforms on the cards to weaken trade union bargaining powers and make hiring and firing workers easier. ...
Tories receive £50,000 from man questioned by Serious Fraud Office image
Source : Guardian [Read Article] Thursday 18th of May 2017 02:12:09 PM
.... They include John Armitage, the founder of the hedge fund Egerton Capital, who has given £400,000 and Andrew Law, chairman and chief executive of the $8bn Caxton Associates, who has given £250,000. The trade union Unite gave Labour three separate donations in the week 3-9 May, adding up to £2. ...
Greeks walk out in general strike over cuts image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:32:45 AM
....Hospitals, transport services and government offices across Greece have been severely affected by a general strike over new austerity measures. Industrial action began on Tuesday but was ramped up nationally by members of the big trade unions. ...
Tata Steel offers £550m to resolve long-running pensions row image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:18:09 PM
....However, unions said that last year, when they backed Tata Steel’s turnaround plan, they were assured that members of the pension fund would be given a choice between a PPF deal or a move to a new, modified scheme. “This is the commitment Tata has given to the workforce, and the trade unions will hold them to the promises they have made,” the unions of Community, Unite and the GMB said in a joint statement. ...
Tata Steel offers to pump £550m into closed pension fund image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:01:04 PM
....The proposed deal, which involves the UK's pensions regulator and the Pension Protection Fund (PPF), aims to absolve Tata Steel of any further responsibility for the final-salary scheme. The closure was supported by a vote of trade union members at Tata's plants in Wales, Scotland, South Yorkshire and Teesside in February, in the hope that the move would reduce the financial burden on the company and save their jobs. ...
Reality Check: What's been going on with pay? image
Source : BBC [Read Article] Monday 15th of May 2017 02:49:56 PM
....Reality Check verdict: Average pay adjusted for prices has been rising for the past couple of years, but is still below the level it was 10 years ago, before the financial crisis. Frances O'Grady, general secretary of trade union umbrella body the TUC, has been talking about pay on the BBC News Channel. ...
General election 2017: Workers' rights protections promised by Tories image
....Green Party co-leader Jonathan Bartley said: "It is almost laughable that the Tories are trying to pitch themselves as a party that stands up for workers' rights. The Conservative government tried to bring in anti-strike laws, oversaw a huge increase in zero hours contracts and attempted to shut down trade unions. ...
Office sauna image
Source : BBC [Read Article] Sunday 14th of May 2017 12:30:10 AM
.... For others, office perks like a sauna are simply a load of hot air. Twenty-somethings might enjoy the perks, says Clare Coatman, of trade union body the TUC, but they must be in addition to, rather than instead of, decent pay and conditions. ...
The left must take a lesson from the right and come together to win | Will Hutton image
.... A huge boost to research and development while creating an ecosystem of smart financial and export support for fast-growing smaller companies makes sense. Millions of powerless contract workers in the gig economy need to have the chance to be served by strengthened trade unions. ...
Royal Mail firm launches review after admitting it denied courier benefits image
. A Royal Mail delivery company has been forced to launch a review into whether it is wrongly classifying hundreds of couriers as self-employed contractors, in the latest breakthrough by trade unions campaigning for more secure employment status for members of the fast-growing gig economy. ...
Chapter closed? image
Source : BBC [Read Article] Friday 12th of May 2017 07:01:27 AM
....Last year, Mr Temer approved a change to the constitution, imposing a spending cap that freezes the national budget in real terms for 20 years. And last month, just hours before the general strike, MPs comfortably approved Mr Temer's labour reforms, which make hiring and firing more flexible and weaken trade unions. ...
Deliveroo bows to pressure to change contracts for UK couriers image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:16:37 PM
....”. But a trade union representing riders attacked the changes as an attempt to cement the notion that riders are independent contractors when some want to have the status of employed workers with rights including the minimum wage, sick pay and holidays. ...
HMRC steps up inquiry into employment status of Hermes couriers image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 12:06:14 PM
. HM Revenue & Customs has stepped up its investigation into the delivery company Hermes classifiying its couriers as self-employed, while the business has also been hit with an employment rights lawsuit from the GMB trade union. ...
Tata deal with Liberty House saves 1,700 UK steel jobs image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 11:40:38 AM
.... Liberty said it would increase output significantly at the electric arc furnaces, casting shop and bar mill in Rotherham, with “bigger plans” across the wider business in the coming years. Roy Rickhuss, the general secretary of Community, the steelworkers’ trade union, welcomed the deal: “The completion of the sale will bring some welcome certainty to a workforce that has faced a tough time over recent months and years. ...
May vows to protect pensions from 'unscrupulous bosses' image
Source : BBC [Read Article] Sunday 30th of April 2017 03:59:09 AM
....Meanwhile, Labour has announced a 20-point plan to end the "rigged economy" in the workplace. The plan includes giving all workers equal rights from day one; pledges to ban zero-hours contracts; guaranteeing trade unions a right to access workplaces; raising the minimum wage; banning unpaid internships; and amending company takeover rules to protect employees' pensions. ...
Blue Riband biscuit production to be moved to Poland image
Source : BBC [Read Article] Tuesday 25th of April 2017 12:37:22 PM
....The spokesman added that Blue Riband was one of 16 products made at the Newcastle Fawdon site and was the only one being moved "to simplify production on a very complicated site". The announcements are proposals and are subject to a 45-day consultation with trade unions and employee representatives. ...
Unite 'suspends' Len McCluskey challenger Gerard Coyne image
Source : BBC [Read Article] Thursday 20th of April 2017 03:06:15 PM
....They say his candidacy will not be affected by his suspension, although it could open up the prospect of a challenge if he wins. Unite is Britain's biggest trade union and the Labour Party's main financial backer. ...
Tata Steel merger with Thyssenkrupp under threat image
Source : Guardian [Read Article] Monday 17th of April 2017 12:36:06 PM
. The proposed merger between Tata Steel and the steel operations of Thyssenkrupp, which would secure the future of the Port Talbot steel works and a total of 8,000 UK jobs, is at risk because of complex negotiations around pensions and opposition from German trade unions. ...
TUC chief calls for changes to post-Brexit trade dispute court image
Source : Guardian [Read Article] Sunday 16th of April 2017 12:09:48 PM
....The investor-state dispute settlement (ISDS), a little-known system for resolving trade disputes that has existed since the 1960s, underpins thousands of European contracts. Critics, led by trade unions, have long argued it awards too much power to corporations at the expense of the public interest, and does not give enough protection to workers and consumers. ...
Toshiba warns over its survival as it forecasts £7bn losses image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:36:52 PM
.... Earlier this month it was forced to take full control of the venture behind the project, Nugen, after its previous partner, the French utility Engie, exercised the right to sell its 40% stake under an option triggered by Westinghouse’s bankruptcy filing. Unite, Britain’s largest trade union, said it was fearful about what the latest developments at Toshiba would mean for the Moorside plant, and repeated its call on Greg Clark, the business and energy secretary, to intervene to safeguard the future of the project. ...
Unite union leadership election: Who are the candidates? image
Source : BBC [Read Article] Monday 10th of April 2017 02:39:30 PM
. Members of Unite, the UK's biggest trade union, are voting for their next leader. ...
Lloyds names locations for 100 branch closures image
Source : BBC [Read Article] Wednesday 5th of April 2017 11:54:31 AM
....Last month RBS and NatWest announced the closure of 158 branches across the UK, and in January HSBC announced a further 62 closures. The trade union Unite, which represents many bank workers, called for an end to the process. ...
BMW strikes set to disrupt Mini and Rolls-Royce production image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:39 AM
....The Unite union said the eight strikes would significantly disrupt production of Minis and called on BMW, the owner of Mini and Rolls-Royce, to hold talks to resolve the dispute. The trade union claims workers could lose up to £160,000 in retirement benefits because of the German company’s plans to close its final-salary pension schemes by the end of May. ...
Access to justice was once a worker’s basic right. Now it’s a costly luxury | Aditya Chakrabortty image
.... Look at our legal-aid system, slashed so heavily by David Cameron and Theresa May that the poor must act as their own trial lawyers, ready to be skittled by barristers in the pay of their moneyed opponents. The latest case will be heard by seven supreme court judges and will pit the government against the trade union Unison. ...
Chinese firm MTR to help operate UK's South West trains franchise image
Source : Guardian [Read Article] Monday 27th of March 2017 07:52:43 AM
. The Hong Kong state-owned metro operator MTR and FirstGroup are to take over the running of South West Trains, one of the Britain’s biggest commuter networks, in a seven-year deal that trade unions denounced for handing another franchise to a state-controlled foreign operator. ...
Populism is the result of global economic failure image
Source : Guardian [Read Article] Sunday 26th of March 2017 01:23:10 PM
.... It has delivered none of these things. James Montier and Philip Pilkington, of the global investment firm GMO, say that the system which arose in the 1970s was characterised by four significant economic policies: the abandonment of full employment and its replacement with inflation targeting; an increase in the globalisation of the flows of people, capital and trade; a focus on shareholder maximisation rather than reinvestment and growth; and the pursuit of flexible labour markets and the disruption of trade unions and workers’ organisations. ...
'Backward on pay' image
Source : BBC [Read Article] Sunday 26th of March 2017 12:34:24 AM
. We asked women how they have coped financially after having a baby, following a call by a trade union body for "decently paid" maternity leave. ...
Call for 'decently paid' maternity leave image
Source : BBC [Read Article] Friday 24th of March 2017 12:18:17 AM
....Statutory maternity pay for UK mothers is among the worst in Europe, according to an analysis by the TUC. The trade union body says only Ireland and Slovakia have worse "decently paid" entitlements. ...
Jones Bootmaker is on the brink – but it's not all gloom on the high street image
.... Even when jobs are relatively plentiful and inflation is picking up, workers are unwilling or unable to press for higher pay. The reasons for this transformation is obvious: de-industrialisation and the growth of employment in the non-unionised service sector; curbs on the power of trade unions; an increase in labour supply. ...
UK unemployment is as low as 1975 – but why aren't wages rising? image
Source : Guardian [Read Article] Wednesday 15th of March 2017 11:18:08 AM
.... Even when jobs are relatively plentiful and inflation is picking up, workers are unwilling or unable to press for higher pay. The reasons for this transformation is obvious: deindustrialisation and the growth of employment in the non-unionised service sector; curbs on the power of trade unions; an increase in labour supply. ...
Ikea drivers living in trucks for months image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:00:20 AM
....The judge described conditions for drivers as an "inhumane state of affairs'', and contrary to EU law. Edwin Atema, of trade union FNV, says he believes Ikea must have known of the conditions in which drivers are living. ...
Budgens closes 34 stores with loss of 815 jobs image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:04:23 AM
....Mike Denny, joint administrator at PwC, said: “Unfortunately, we have been unable to find a buyer and it is not commercially viable to continue trading the stores. “We are working closely with the Co-op, [the shopworkers’ trade union] Usdaw and the relevant government agencies to ensure that all employees receive the maximum levels of practical and financial support through the redundancy process. ...
Vauxhall's Luton and Ellesmere Port factories will face battle after 2021 image
....Sir Vince Cable, the business secretary between 2010 and 2015, also warned that the French and German governments would lobby heavily win the right to produce the Astra in their plants. Cable and the trade unions convinced General Motors to make the existing Astra at Ellesmere Port, but he said it had been a close fight in 2012. ...
GM set to announce Opel and Vauxhall sale on Monday image
Source : BBC [Read Article] Sunday 5th of March 2017 12:03:33 PM
....". Len McCluskey, general secretary of the Unite trade union, said he had spoken to the chief executives of GM and the PSA Group over the weekend. ...
No bed of roses image
Source : BBC [Read Article] Sunday 5th of March 2017 01:12:42 AM
....". For many flower harvesters, safeguarding their rights is primarily managed by trade unions and local non-governmental organisations (NGOs). ...
Budget 2017: Is G4S trying to bury its results on Wednesday? image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:01:28 AM
....Now the end of the Sir Philip Green and BHS scandal seems to be approaching, parliament’s business, energy and industrial strategy select committee is looking for fresh targets. It is calling a series of witnesses on Tuesday for a session looking at protections for gig-economy and agency workers, which will also address tax reporting and the role of trade unions. ...
Peugeot owner PSA close to deal to buy Vauxhall and Opel image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:26:55 AM
....“My personal commitment and the commitment of this government will be unbounded to make sure the future of the workforce will be maintained,” Clark said. “I will of course work with all the groups, including the trade unions, including the workforce, to make that case, if new owners there are to be, to those new owners. ...
Sainsbury's to cut 400 jobs in shakeup of operations image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:56:36 PM
.... This will affect 4,000 workers, who will be offered early morning or late evening shifts instead. Unite, the trade union, urged Sainsbury’s to guarantee that there will be no compulsory redundancies. ...
Rosa Monckton: Let learning disabled work below minimum wage image
Source : BBC [Read Article] Thursday 2nd of March 2017 01:55:05 PM
....He added that current employment support was "completely inadequate" and the government has a lot to do if it is to improve the "appallingly low levels of employment" of people with a learning disability. The trade union, Unison, said people with learning disabilities benefited from good quality jobs like anyone else, and insisted no-one should get less than the minimum wage. ...
Unite blames Brexit as Ford prepares to cut 1,160 Welsh jobs image
Source : Guardian [Read Article] Wednesday 1st of March 2017 05:57:25 PM
. Len McCluskey, the head of the UK’s biggest trade union has urged Theresa May to guarantee car makers tariff-free access to the single market after Brexit, as Ford unveiled plans to cut 1,160 jobs over five years at its engine factory in Bridgend, Wales. ...
Philip Green agrees to pay £363m into BHS pension fund image
Source : Guardian [Read Article] Tuesday 28th of February 2017 02:42:06 PM
....Green initially pledged to “sort” the problems facing the BHS pension scheme last June when he was questioned by MPs. John Hannett, the general secretary of trade union Usdaw, said: “It is difficult to understand why this saga has been allowed to continue and why we have had to campaign for so long to get justice for our members. ...
Go-Ahead profits hit by Southern strikes image
Source : BBC [Read Article] Tuesday 28th of February 2017 10:17:23 AM
...."Our customers have suffered months of disrupted travel, impacting work and family lives and we are sorry that such inconvenience and hardship has been caused. Discussions with trade unions are ongoing as we strive to reach a full resolution of these issues," he added. ...
Greggs sales up as it warns on inflation image
Source : BBC [Read Article] Tuesday 28th of February 2017 08:32:22 AM
....Greggs plans to invest in its remaining bakeries and shops, which it said would create thousands of new roles in retail and distribution. However, it will mean fewer jobs in manufacturing and the company said it was consulting with trade unions about the proposals. ...
UK workers' wages fell 1% a year between 2008 and 2015, TUC says image
Source : Guardian [Read Article] Monday 27th of February 2017 12:01:43 AM
....Workers in the UK saw their wages fall by 1% a year in the period following the financial crisis, putting the country in 103rd place in a global ranking of pay growth compiled by the TUC. The trade union umbrella body said wages rose in many parts of the world between 2008 and 2015, but average pay in the UK fell once the impact of inflation was taken into account. ...
‘Part-time is unfairly interpreted as lack of commitment’ – our work expert responds image
.... Part-time workers are entitled to the same benefits as full-time workers and MUST NOT be discriminated against just because they are part-time. Speak to your trade union representative if you have one. ...
Government failure to act means gender pay gap will remain, say MPs image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:50:01 AM
.... The gap is closest among 20- to 30-year-olds, but balloons after women have children as mothers miss out on pay rises and promotions. Responding to the committee’s comments, Frances O’Grady – general secretary of trade union umbrella body the TUC, said: “The government needs to up its game and tackle the root causes of the gender pay gap – not ignore them. ...
Fears grow for Vauxhall jobs as government vows to do all it can image
Source : Guardian [Read Article] Monday 20th of February 2017 07:31:35 PM
....He said: “My personal commitment and the commitment of this government will be unbounded to make sure the future of the workforce will be maintained. I will of course work with all the groups, including the trade unions, including the workforce, to make that case, if new owners there are to be, to those new owners. ...
‘From bad to worse’: Greece hurtles towards a final reckoning image
Source : Guardian [Read Article] Sunday 19th of February 2017 12:05:16 AM
....2bn being withdrawn from banks by panic-stricken depositors since the beginning of the year. With talk of Greece’s exit from the euro being heard again, farmers, trade unions and other sectors enraged by the eviscerating effects of austerity have once more come out in protest. ...
We all have the ‘right to disconnect’ – but only some of us can afford it | Evgeny Morozov image
.... In 2016 a similar bill was submitted to the South Korean parliament. Earlier this month a congressman in the Philippines introduced another such measure, receiving the support of an influential local trade union. ...
Unilever to mount fierce defence against Kraft Heinz after rejecting £115bn offer image
.... Kraft Heinz, whose brands include Philadelphia and WeightWatchers, vowed to keep up its pursuit despite Unilever insisting that there was “no merit, strategic or financial” to a deal. The US firm’s attentions drew fire from trade union Unite, which branded Kraft “predatory” and predicted that any deal would trigger job losses among the two companies’ combined UK workforces of nearly 9,000. ...
Vauxhall's future in UK is secure, says business secretary image
Source : Guardian [Read Article] Thursday 16th of February 2017 03:35:55 PM
.... Thousands more jobs rely on its UK supply chain. Clark met GM president Dan Ammann and Len McCluskey, general secretary of trade union Unite, in London on Thursday. ...
Tata Steel workers agree to pension cuts to save 8,000 jobs image
Source : Guardian [Read Article] Wednesday 15th of February 2017 03:01:00 PM
.... It shows employees are doing everything they can to develop a sustainable future for the business,” a spokesperson said. “We will continue to work with the trade unions and other stakeholders to deliver Tata Steel UK’s transformation plan and develop a sustainable future for the business. ...
Trump means happy days are here again for the UK’s arms exporters | Paul Rogers image
.... But for specialist UK-based companies, it is a more narrowly focused operation. In addition to direct lobbying of MPs and their advisers, by trade unions as well as the companies, there is the assiduous funding of thinktanks and university research, as well as support for conferences. ...
Britain’s rail franchise model unfit for purpose, say MPs image
Source : Guardian [Read Article] Sunday 5th of February 2017 10:07:02 AM
.... Fares rose by another 2. 3% on average across Britain on 2 January, sparking protests by campaigners and trade unions and further calls for renationalisation. ...
Steelworkers to vote on Port Talbot rescue plan image
Source : Guardian [Read Article] Sunday 29th of January 2017 02:08:58 PM
.... It would be by far the biggest pension scheme to be taken on by the PPF. The trade unions Unite, GMB and Community have recommended that workers vote in favour of the proposals, but they could still be rejected given the changes to the pension scheme. ...
Jobs for all? In the US that idea is about to be tested to destruction | John Harris image
....The story has rather got lost in the midst of Donald Trump’s statements this week about his fabled wall, the merits of torture, and all the other stuff that has underlined the frightening nature of his arrival in power – but on Monday, the new president hosted a remarkable meeting. In the Roosevelt Room of the White House, Trump held talks with the leaders of US trade unions: among them, the presidents of the Laborers’ International Union of North America, the Smart (it stands for sheet metal, air, rail and transportation) Union, and the United Brotherhood of Carpenters. ...
'Zero tolerance' for pregnancy discrimination in workplace – minister image
Source : Guardian [Read Article] Thursday 26th of January 2017 12:01:02 AM
....“My advice to women is to join a union. As the equality and human rights commission highlighted, pregnant women and new mums are treated better in workplaces that recognise trade unions. ...
Brothers jailed for trafficking people from Poland to work at Sports Direct image
....”. But Britain’s biggest trade union, Unite, called for an investigation into the employment firm. ...
The new robot revolution will take the boss's job, not the gardener's image
Source : Guardian [Read Article] Sunday 22nd of January 2017 01:38:08 PM
.... But the last big epoch of technological change was accompanied by political change that ensured those making the cars, the washing machines and the TV sets could also buy them. Full employment policies, capital controls, progressive income tax and strong trade unions ensured this was the case. ...
It’s time to rewrite the rules of economics to end the growing chasm of inequality  | Liam Byrne image
.... The sooner we find it, the sooner we can reject once and for all the tired and increasingly flawed orthodoxy of shareholder value and trickle-down economics that took shape with such force nearly 50 years ago. That’s why parliamentarians and Sheffield Political Economy Research Institute have joined forces to broker new solutions – bringing together leading thinkers in politics, academia, business, finance, trade unions, churches and civil society – to pinpoint what needs to change and how. ...
Robotics, Trump and Brexit turn up the heat amid the snow of Davos image
Source : Guardian [Read Article] Saturday 14th of January 2017 03:59:30 PM
....“Machines, the argument goes, can take the jobs, but should not take the incomes: the job uncertainty that engulfs large swaths of society should be matched by a welfare policy that protects the masses, not only ‘the poor’,” said World Bank senior economist Ugo Gentilini. “Hence, basic income grants emerge as a straightforward option for the digital era – one seemingly backed by Silicon Valley and trade unions alike. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... But none of Corbyn’s thought could be described as fully fleshed out. First: a government-backed kitemark for companies that have agreed a pay ratio with a trade union. ...
FTSE 100 closes at new high in longest-ever winning streak image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:19:08 PM
....The FTSE 100’s record winning streak came against a very different background to the May 1997 gains. Then the market was boosted by Blair’s attempts to distance himself from previous Labour administrations and the trade unions, his move to abandon nationalisation and income tax rises, and the decision to give the Bank of England independence to set interest rates. ...
Thousands of HMRC staff may have to move up to 174 miles image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:02:48 AM
...."Staff that will be recruited at the new regional centres may have lower initial performance, and may take time to reach the productivity levels of more experienced staff," the report said. The Public and Commercial Services (PCS) trade union, which represents the affected staff, has already said that it is worried that the cuts could harm HMRC's ability to collect tax. ...
BA cabin crew start two-day strike at Heathrow image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:01:19 AM
....A two-day strike by some of BA's cabin staff may disrupt flights at Heathrow airport on Tuesday and Wednesday. The strike, by 2,900 members of the Unite trade union, is in pursuit of higher pay for members of the so-called "mixed fleet". ...
Workers at nuclear sites to be balloted image
Source : BBC [Read Article] Monday 9th of January 2017 02:05:52 PM
....About 16,000 workers at 19 UK nuclear sites are to be balloted on strike action in a dispute over pensions. The workers belong to four different trade unions and are mainly employed in decommissioning work. ...
Sports Direct chairman Keith Hellawell rejected by shareholders again image
Source : Guardian [Read Article] Thursday 5th of January 2017 01:06:49 PM
....Before the vote last September, Hellawell also attempted to appease disgruntled shareholders by saying he had offered to go, although the board had refused to accept his resignation. Despite that offer seeming to acknowledge that he and the board accepted responsibility for the group’s situation, last month Hellawell criticised MPs, trade unions and the media for waging a campaign against the business as it reported a 57% drop in first-half profits. ...
Rail chiefs or unions: can passengers trust either of them? | Rafael Behr image
Source : Guardian [Read Article] Wednesday 4th of January 2017 07:00:17 AM
.... If the public is receptive to renationalisation – and opinion polls suggest the idea can be popular – it is because the status quo is miserable enough for any radical-sounding alternative to acquire some allure, not because the proposed remedy fixes the problem. And if the policy gains wider support it will be in spite of trade union enthusiasm, not because of it. ...

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