New Labour leader to be announced on 4 April, party confirms January 6, 2020 The new Labour leader will be announced on 4 April, as the party seeks a replacement for Jeremy Corbyn following his disastrous election result last month. The ballot will run from 21 February until midday on 2 April, with the results announced the following Saturday as part of a special conference. The party is allowing [...]
Bombardier slashes hundreds of Belfast jobs in cost cutting drive November 21, 2018 Aerospace manufacturer Bombardier is to axe 490 jobs in Belfast as it scrambles to cut costs and streamline its operations. The aerospace firm had indicated earlier this month that UK jobs may be at risk as it announced 5,000 worldwide redundancies, most of those in Canada, where it is based. Bombardier said following the announcement [...]
British Steel survival saga ends as Jingye completes purchase March 9, 2020 The long saga of British Steel’s survival came to its end today as Chinese conglomerate Jingye completed the acquisition of the firm’s UK and Dutch assets from the Official Reciever. The deal, which is reportedly worth £50m, brings to an end 10 months of uncertainty since the firm collapsed last May. Jingye will put £1.2bn [...]
Transport to Europe crippled as French national strikes take hold December 5, 2019 Travellers trying to get the Eurostar to the continent have been thwarted today, after 78 trains linking London to Paris, Belgium and the Netherlands were cancelled amid ongoing strikes in France. Most affected routes are for trains from St Pancras to Paris, with the cancellations taking place between 5-8 December. Read more: Eurostar warns customers [...]
Sadiq Khan launches £50m ‘green new deal’ fund in pitch to Green Party voters February 17, 2020 Sadiq Khan has created a £50m fund for green energy projects in a direct appeal to Green Party voters in the lead up to the mayoral election. The mayor of London today announced the fund as a part of his “green new deal for London”, with the funds set to be allocated to programmes to [...]
Uber Eats riders and restaurant workers to strike over gig economy pay October 4, 2018 Uber Eats workers are to stage a strike later today with a small number of workers from JD Wetherspoon and TGI Fridays over gig economy pay and conditions. Some McDonalds and Deliveroo workers were also set to take part in the rally in Leicester Square at 11am this morning, while Uber Eats drivers are preparing their own separate strike outside its [...]
General Election 2019: Businesses hit back as Labour ‘names and shames’ UK’s five worst bosses December 2, 2019 Businesses have hit back against Labour’s renewed attack, after the party “named and shamed” some of the biggest firms in the country. Retailers Amazon, Asda and Sports Direct, taxi app Uber and outsourcer ISS have all come under attack from Jeremy Corbyn, as part of Labour’s campaign promise to deliver “the biggest extension of workers’ [...]
British Airways threatens to strip pilots perks if they strike September 7, 2019 British Airways has warned its pilots that there will be sanctions against those participating in strike actions scheduled to begin next week. The airline emailed its 4,300 pilots late on Friday to warn that they will lose generous travel perks for themselves and their families for three years, according to the Financial Times. Read more: [...]
British Airways strikes: Can I get a refund and is my flight affected? September 7, 2019 British Airways strikes are set to commence on Monday affecting as many as 1,600 flights next week and 280,000 customers. When are the British Airways strikes? Members of the British Airline Pilots’ Association (Balpa) are striking on Monday and Tuesday next week, with a further strike date set for 27 September. Read more: British Airways [...]
British Gas-owner Centrica faces calls for shareholder revolt amid chief exec pay furore May 12, 2019 Centrica shareholders will head into the British Gas-owner’s annual meeting (AGM) tomorrow amid a clamour to reject chief exec Iain Conn’s £740,000 pay rise. Read more: Centrica shares hit 20-year low as it warns of energy price cap hit Despite a torrid 2018 in which Centrica lost around six per cent of its customers, Conn’s [...]