Union launches collective grievance against Bolt over holiday pay September 22, 2022 The union GMB has launched a collective grievance on behalf of Bolt drivers over holiday pay. The union said it was seeking to secure “future and past of drivers’ earnings” when it comes to holiday pay, as the UK Supreme Court established an industry standard last year. “It’s a simple fact that Bolt owes drivers [...]
Tata Steel begins formal 45-day consultation over plans for Port Talbot plant February 3, 2024 Tata will replace existing blast furnaces with electric arc furnaces
Union bosses warn of cash shortages at supermarkets as G4S workers vote to strike November 22, 2022 Some 1,200 cash and coin delivery workers employed by G4S are set to walk out, with union bosses warning of shortages at Tesco shops and JD Wetherspoon pubs. Union GMB said this would mark the first ever industrial action for G4S workers, with a strike set to begin at 3am on Monday 4 December. Some [...]
Halma swoops in with £72m deal to acquire US surgical innovations firm November 20, 2023 British safety equipment maker Halma has entered into an intial $89.1m (£72m) deal to acquire the Tedan group of companies, a US surgical innovations firm, further enhancing its global presence. Comprising of four separate companies — TeDan Surgical Innovations, Inc., West Coast Surgical, LLC, Axcess Surgical Innovations, LLC and TeDan Surgical Innovations GmbH — the [...]
Molten Ventures: Private equity portfolio slumps five per cent July 29, 2024 Venture capital trust Molten Ventures saw its net asset value plummet by five per cent over the last year, as the company hopes that a resurgence in private equity may be on the horizon.
Wilko: M2 Capital set to bow out of takeover race after missing bid deadline August 31, 2023 M2 capital has missed a deadline to show it has sufficient funds to snap up Wilko, City A.M. has learned, in a sign that the frontrunner in the race to save the high street chain could be about to bow out. Administrators for Wilko, PwC, had until 09:00 today to submit documentation to prove it [...]
PMQs sketch: A trip down memory lane July 12, 2023 If you’re ever in need of a history lesson, there are worse places to head than the storied and ancient House of Commons for a PMQs. But when it comes to political debate, we tend to hope our leaders will have their fingers on the pulse of the nation. Not so during this week’s Prime [...]
National Gas boss warns businesses could be threatened if network scrapped October 18, 2023 The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.
Swarm launches tradable on-chain stocks and bonds February 21, 2023 Regulated blockchain platform Swarm today launched a world-first public investment offering for Apple, Tesla, and two US Treasury Bonds on-chain.
Supreme Court set to rule on whether Deliveroo riders are ‘workers’ November 20, 2023 This week the highest court in the UK will decide if Deliveroo’s London riders should be classed as ‘workers’. The outcome is highly anticipated by those working in the gig economy. The Supreme Court is set to issue a landmark ruling tomorrow over the collective bargaining rights of a group of Deliveroo riders in Camden [...]