Unions plot more pension strike action September 14, 2011 BRITISH unions yesterday gave notice that up to a quarter of the country’s workforce could go on strike in November in protest at the government’s public sector pensions reform. The Trades Union Congress, a group of unions that represent 6.5m workers, voted unanimously in favour of industrial action yesterday. Leaders chose the 30 November as [...]
McCluskey in call for direct action on cuts September 11, 2011 THE head of Britain’s largest trade union has said workers should be prepared to engage in a campaign of civil disobedience against coalition cuts – just weeks after Britain was gripped by the worst riots in a generation. Len McCluskey, the firebrand leader of the Unite union, refused to rule out so-called “direct action” and [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
Reaction | Focus on Vickers September 12, 2011 THE BUSINESS LEADER CONFEDERATION OF BRITISH INDUSTRY DR NEIL BENTLEY “The UK is going it alone on ring-fencing, so the government must rigorously examine how and when to implement these proposals, otherwise it risks damaging businesses and threatening growth. The Commission is right to recommend a flexible approach to ring-fencing and suggest a reasonable time frame for [...]
Trades Union Congress warns of biggest protest October 24, 2010 UNION umbrella body the Trades Union Congress (TUC) at the weekend warned that it will stage the “biggest and boldest” demonstration in its history next March, in protest at the scale of government spending cuts. The TUC’s warning came after the government last week announced plans to cut half a million public sector jobs, raise [...]
Merkel: Euro crisis worst since WW11 November 14, 2011 German Chancellor says Eurozone situation is most serious since peace broke out in 1945 as yields on sovereign debt shoot up EUROPE faces its “toughest hour since World War Two”, German Chancellor Angela Merkel warned her ruling Christian Democratic Union (CDU) party yesterday. Her stark warning came as Italy slipped further into financial crisis and markets [...]
Merkel: Euro crisis worst since WW11 November 14, 2011 German Chancellor says Eurozone situation is most serious since peace broke out in 1945 as yields on sovereign debt shoot up EUROPE faces its “toughest hour since World War Two”, German Chancellor Angela Merkel warned her ruling Christian Democratic Union (CDU) party yesterday. Her stark warning came as Italy slipped further into financial crisis and markets [...]
US shares pause on budget worries July 20, 2011 US stocks closed near unchanged yesterday, a day after Wall Street’s best rally since March, as the oncoming debt ceiling deadline overshadowed strong earnings from Apple. Apple hit another all-time high one day after the maker of the iPhone and iPad reported quarterly revenues that far exceeded expectations. The stock jumped 2.7 per cent to [...]
US shares pause on budget worries July 20, 2011 US stocks closed near unchanged yesterday, a day after Wall Street’s best rally since March, as the oncoming debt ceiling deadline overshadowed strong earnings from Apple. Apple hit another all-time high one day after the maker of the iPhone and iPad reported quarterly revenues that far exceeded expectations. The stock jumped 2.7 per cent to [...]
Unions ready for return to 1970s strikes January 16, 2011 UNIONS are preparing to plunge Britain into a period of 1970s-style industrial unrest with a spring general strike. The general secretaries of Britain’s unions will attend a Trade Union Congress (TUC) meeting on 28 January to discuss the possibility and mechanics of bringing Britain to a halt through coordinated industrial action. The unions hope to [...]