Sainsbury’s and M&S walk into shareholder storm over minimum living wage versus bumper bonuses July 1, 2022 Supermarket giant Sainsbury’s will be put under pressure next week to pay all staff and contracted workers the national living wage, as activists mobilise in the first shareholder resolution of its kind. Responsible investment campaign group ShareAction is driving the experimental motion at the supermarket giant’s annual general meeting on Thursday 7 July. Legal & [...]
‘Hunt failed firms’: Warning of bleak outlook as businesses face 85 per cent drop in energy bill support – BCC March 31, 2023 Business leaders are stepping up warnings that firms will struggle to pay energy bills when a government relief scheme ends on Saturday.
Tories are ‘the party of business’, Jeremy Hunt insists ahead of conference speech October 2, 2023 The Conservatives are “certainly the party of business”, Jeremy Hunt has insisted ahead of his speech at Tory conference today. The Chancellor told LBC Radio: “We certainly are the party of business. “Rishi Sunak and I are prepared to take those decisions because there is a fundamental choice in British politics between a party that [...]
Tomorrow, vote for change July 3, 2024 This election is not a choice between higher taxes and higher spending, but a chance for a break from instability and neo-liberal governance, says John McTernan Change. That’s the proposition. Labour promise a break from instability. Instead of five Prime Ministers in six years they offer just one – Keir Starmer. A man with a [...]
Minimum wage set to rise to £9.50 per hour October 25, 2021 The National Living Wage will increase from £8.91 per hour to £9.50 in the Budget this week. The 59p an hour boost means a full-time worker on the National Living Wage will see a pay rise of more than £1,000 a year. This is a 6.6 per cent increase in the minimum wage, which is [...]
Reeves says Labour is now the party of ‘economic responsibility’ September 26, 2022 Labour is “on its way” to forming government and is now the party of “economic responsibility”, shadow chancellor Rachel Reeves has said. Reeves said in her Labour party conference speech today that “it’s time for a government that is on your side – that government is a Labour government”. It comes as the Bank of [...]
MJ Gleeson doubles home sales as appetite for affordable property offsets inflation July 11, 2022 Low-cost housebuilder MJ Gleeson has doubled its home sales in the past five years, leaving significant material and labour cost increases in the dust. In an upbeat trading update today, the company boasted a more than 10 per cent jump in sales to a total of 2,000 in the year to 30 June. “Notwithstanding the [...]
Stubborn inflation in UK might finally be set to give way July 7, 2023 It's all about the workforce and yes, Brexit.
Glass half-full: Why Fuller’s chief remains optimistic despite strikes leaving a £4m dent in Christmas sales January 23, 2023 Pub chain Fuller’s lost £4m in sales due to the impact of strikes over Christmas and new year, as its chief warned of lower expectations for the full year. Chiswick-based Fuller, Smith and Turner reported in the 43 weeks to January that like-for-like sales were up a fifth on the Covid-impacted previous year – despite [...]
Sajid Javid promises to increase National Living Wage to £10.50 September 30, 2019 Chancellor Sajid Javid has vowed to hike the National Living Wage to £10.50 within the next five years. Speaking to a busy Tory Party Conference hall, Javid said he would also ensure 21-year-olds can qualify for the National Living Wage. Currently the threshold is set at 25 years old. Read more: Chancellor Sajid Javid sets [...]