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 [...]
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 and IT glitches dent BA’s reputation September 6, 2019 The reputation of British Airways plummeted to a four-year low last month in the wake of strikes and IT failure that left passengers stranded. BA has fallen from 31st to 55th of the 65 companies in the airlines reputation index of reputation intelligence company alva since 1 January 2016. Read more: British Airways strikes: Pilots [...]
Government faces calls to safeguard British Steel jobs as company edges closer to administration May 21, 2019 Whitehall officials this morning faced calls to “put their money where their mouth is” by giving British Steel the funding it needs to avoid administration and safeguard tens of thousands of jobs. Read more: Troubled British Steel braces for insolvency in last-ditch loan talks Britain’s second-biggest steel maker has for the last week been lobbying [...]
British Airways strikes: Airline boss Alex Cruz blames ‘cynical actions’ of pilots for walkout September 9, 2019 British Airways chief executive Alex Cruz has blamed the “cynical actions” of its pilots’ union for a two-day strike that has left airport terminals empty. BA pilots who are members of the British Airline Pilots’ Association (Balpa) have begun a 48-hour walk-out in a dispute over pay and working conditions. Read more: Nearly all British [...]
British Airways strikes: Pilots could call off action if BA considers pay offer September 5, 2019 British Airline pilots who are threatening to strike next week have said the industrial action could be averted if the airline considers a new pay offer it has put forward. Pilots who are members of the British Airline Pilots’ Association (Balpa) are due to strike on 9, 10 and 27 September but have said they [...]
British Airways and the pilot strike: Are shared profits schemes the answer? September 20, 2019 British Airways’ operations ground to a halt last week due to a pilots’ strike. The airline’s flight crews argued that they should be rewarded with a cut of the company’s rising profits, having previously taken hits to their pay when BA struggled. While the pilots have called off a strike due to take place on [...]
Gig economy couriers win minimum wage and holiday pay with Hermes February 4, 2019 Self-employed couriers at Hermes will be given a minimum hourly wage and holiday pay in a deal the company calls a world first. Employees who opt in to the scheme will be guaranteed to earn at least £8.55 per hour and get up to 28 days paid holiday a year. Hermes said it had reached the [...]
Beefeaters suspend strike action at Tower of London and Hampton Court Palace January 7, 2019 A planned strike by staff at the Tower of London and Hampton Court Palace has been suspended following an offer of further talks from Historic Royal Palaces. The planned walkout by members of the Public and Commercial Services and GMB unions was set to take place tomorrow as part of an ongoing dispute over pensions. [...]
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’ [...]