KP Snacks workers take action: ‘If you pay peanuts, expect strikes!’ August 24, 2023 Workers at KP Snacks have voted to walk out for a week in September after they vehemently rejected a “below-inflation” eight per cent pay rise. The factory in Rotherham is the only producer of KP Nuts, so snack-lovers countrywide could find themselves without their usual protein-packed nibbles. Some 83 per cent of workers voted to [...]
Wilko job cuts ‘likely’ – but 11th hour talks with Poundland owner continue August 23, 2023 Administrators for Wilko today warned that job losses were “likely” as potential buyers were no longer interested in acquiring the whole group. Wilko first called in the administrators three weeks ago after several months looking for investment failed to bring forth any fruit. Sky News reported today that Poundland owner Pepco Group is in advanced [...]
Storm in a teacup? Tetley Tea crisis averted as workers accept pay deal August 22, 2023 Workers at Tetley Tea have voted to accept a pay deal that means a potential shortage of one of Britain’s favourite teas has been avoided. The new offer, accepted by the 200 odd workers, consists of a seven per cent pay rise backdated to 1 April 2023. This represents a significant increase on the 4.25 [...]
How did a man who brought a GUN from Mexico City to London via Paris have his prison sentence completely overturned? August 17, 2023 In an "extraordinary" case, a man who was jailed after a gun was found in his suitcase at Heathrow Airport is to be released from prison after winning an appeal.
Storm brewing at Tetley Tea as workers vote on strike July 27, 2023 Workers at Tetley Tea have threatened strike action if a ballot by the GMB union passes in a move that could see 150 workers walk out from 3 August, threatening supplies of one of the nation’s favourite tea brands. A majority of 88 per cent of GMB members at Tata Consumer Products, based in Teesside, [...]
Britvic cheers strong results as it adds two further brands to its drinks cabinet July 27, 2023 Britvic this morning announced a positive set of third quarter results for the period ended 30 June, with UK revenue leaping 10 per cent on the previous year to reach £476m. The largest supplier of branded still soft drinks in Great Britain, which owns brands such as J20 and Robinson’s, also announced the acquisition of [...]
Iceland looks set to reveal red hot profit amidst supermarket surveillance July 10, 2023 Iceland has revealed forecasts that would mean the frozen food chain makes its highest profit in a decade this year, according to The Times. Iceland said last week in a set of financial results shared with bondholders that this year’s underlying profit will likely be its strongest in ten years. The news comes as supermarkets [...]
Legal & General pull out of investment in electric vehicle firm July 6, 2023 Legal & General (L&G) has pulled out of any future investments into Onto, which is one of Britain’s largest electric vehicle (EV) fleet operators, according to reports from Sky News yesterday. Last year, the asset management and pensions giant led a $60m (£47.3m) funding round into the EV-focused startup. At the time it called Onto [...]
KPMG to cut five per cent of US jobs as demand slows June 26, 2023 Big four accountancy KPMG tonight announced a fresh round of layoffs, with plans to cut five per cent of its US workforce. In an internal message seen by City A.M., US chair and CEO Paul Knopp KPMG said: “We do not make the decision lightly. However, we believe it is in the best long-term interest [...]
One in five UK employers has hired a Ukrainian, report reveals June 26, 2023 Nineteen per cent of businesses surveyed by the Social Market Foundation (SMF) hired at least one Ukrainian national in 2022, a new report published today has shown. In the cross-party think tank’s survey of 2,000 HR managers – conducted by YouGov on behalf of the Chartered Institute of Personnel and Development – the SMF also [...]
