Energy sector needs ‘plans not bans’, says GMB union chief June 5, 2023 Gary Smith, GMB general secretary, warned it would be a “huge mistake“ to put all the nation’s eggs in one energy basket.
Unions plan to coordinate future strikes August 29, 2022 Trade unions are working on plans to coordinate strike action over the coming months, as workers from all sectors across the country go on strike in search of inflation-busting pay rises. A motion has been drafted for the upcoming TUC Congress that calls for a more joined-up approach to industrial action. The motion, which was [...]
Tory outrage grows over Boris Johnson hastily triggering Covid Plan B amid Christmas party scandal December 9, 2021 The Prime Minister is this morning facing anger from Tory MPs after he hastily triggered a switch to his Plan B for coronavirus restrictions to tackle the Omicron variant as Downing Street was engulfed in a crisis over allegations of a rule-breaking Christmas party. Boris Johnson announced on Wednesday that work-from-home guidance will return, Covid [...]
Unemployment has stabilised but there will be economic pain ahead April 21, 2021 There are high levels of business optimism. Survey after survey has told us this, from reports from Deloitte on large companies to evidence from the Federation of Small Businesses. Consumer savings are at an all-time high. People are itching to get out and spend the money they have been forced to accumulate. All in all, [...]
Status quo anxiety: from Covid to foreign aid, we’re trapped by our desire to keep things the same July 23, 2021 Covid restrictions were relaxed this week, but it was far from universally supported. A group of academics wrote to the Lancet to condemn the move as a “dangerous and unethical experiment”. Some scientists warned that letting the virus run amok would create a fertile breeding ground for new variants and urged the government to once [...]
Sadiq Khan to unveil £544m plan to fund London’s Covid recovery March 16, 2021 Sadiq Khan will today announce a £544m investment in London’s jobs and high streets to help the capital recover from the coronavirus pandemic. The Mayor of London will also call on the government to match his spending plans for the city as he unveils the proposals at the inaugural London Recovery Summit. Alongside the spending [...]
FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom June 14, 2024 Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.
Coronavirus: Keir Starmer to call for furlough scheme replacement September 15, 2020 Labour leader Sir Keir Starmer will today urge the government to replace the furlough scheme to avoid the “scarring effect” of mass unemployment. The government’s job retention scheme has been used by more than 10m workers since its launch in March, but is set to end on 31 October. Speaking to the Trades Union Congress [...]
Russia’s ‘most favoured nation’ trade status to be revoked by US and EU today March 11, 2022 US President Joe Biden is expected to announce today that, along with the European Union and the Group of Seven countries, the US will move to revoke “most favoured nation” trade status for Russia over its invasion of Ukraine. That is according to a source familiar with the matter who spoke on the condition of [...]
Rishi Sunak considers German-style wage subsidy scheme September 23, 2020 Chancellor Rishi Sunak is weighing up a new scheme to subsidise workers’ wages to replace furlough, perhaps along the lines of the German short-time work scheme, as he tries to limit the economic impact of the latest coronavirus restrictions. It comes after Prime Minister Boris Johnson implemented new rules that will see pubs shut at [...]