Unions confirm Tata Steel strike set for 22 June June 8, 2015 THE UK is set to face its first national steel strike in 30 years later this month. Unions have confirmed that Tata Steel workers will strike on 22 June, over an ongoing dispute connected to pensions. Last week, Tata sent an open letter to employees explaining that the pension scheme had a shortfall of over [...]
The UK’s first national steel strike in 30 years could happen this month after Unite schedules Tata Steel action for June 22 June 8, 2015 The UK is facing its first national steel strike for 30 years, after union members voted for action against Tata Steel. Unite the union announced today the strike – agreed last week – would go ahead on June 22. It is part of an ongoing dispute over pensions, with the manufacturer telling workers [...]
Parties enjoy record levels of funding as Tories top political donations May 28, 2015 The UK's political parties received record levels of funding in the run-up to the General Election, as the 10 parties accepted more than £30.6m in the first quarter of 2015. That was an increase of more than £10m reported than in the last quarter of 2014, according to figures published by the Electoral Commission. On [...]
Former Permira chairman Damon Buffini to step down after 27 years January 20, 2015 Former Permira chairman Damon Buffini will leave the private equity firm at the end of this year, after 27 years. Buffini handed over his role as managing partner of the firm, which has €20bn in assets under management, seven years ago, but remained chairman until 2010. Since then, he's been a member of the investment [...]
Union slams Ofwat decision on pricing and calls for more action December 14, 2014 Private water companies and the industry regulator Ofwat should be scrapped, according to union GMB. Ofwat’s price determination, published late last week, revealed that water bills in the UK would be reduced by five per cent over the next five years. Jonson Cox, Ofwat chairman, said: “We are bringing down bills so customers can expect [...]
Hull City chair Assem Allam wants to stop unions roaring with £1m donation to Labour March 16, 2015 Hull City chairman Assem Allam will donate up to £1m to the Labour party, after having dinner with former Prime Minister Tony Blair. However, it is believed that the businessman will only put up the cash if Ed Miliband is prepared to take on the trade unions. Allam has already donated £200,000 to Labour, [...]
After UK shale triumph, Scotland announces moratorium on shale gas projects January 28, 2015 The Scottish government has announced a moratorium on planning permission for shale gas projects, less than 24 hours after a crucial vote in the UK parliament had saved the sector in the rest of the UK from a similar plight. Last night MPs voted 308-52 against proposals to impose a moratorium across the whole of [...]
Unison suspends NHS strike after new offer January 27, 2015 The Unison union has called off plans NHS workers to walk out on 29 January. After bitter disputes over pay with Health Secretary Jeremy Hunt, the union said a new offer from the Department of Health would be put to its members. Unison was joined in its to suspend strike action by Unite, GMB and [...]
Private equity guru Damon Buffini exits UK’s Permira after nearly three decades January 20, 2015 Veteran Permira executive Damon Buffini, who worked his way up from humble origins to become one of the most powerful men in the City, has announced his exit from the group after 27 years. Buffini became a lightning rod for anti-business campaigns at the height of the buyout boom when he was Permira’s managing partner. [...]
Labour rakes in more money than Tories in pre-election battle February 19, 2015 The Labour party received more money in the last quarter of 2014 than the Conservatives, new figures revealed yesterday. Electoral Commission data revealed that £10.9m was received by Labour between October and December 2014, compared to £8.4m for the Tories over the same time period. The Labour sum includes £3.7m of public money, from a [...]