Feb 14 (Reuters) – British Prime Minister Rishi Sunak and finance minister Jeremy Hunt are considering a deal to end a wave of strikes among Britain’s public sector workers that would backdate next year’s pay rise, the Financial Times reported on Tuesday. Sunak and Hunt are mulling giving NHS staff …
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Transport and logistics business Warren has taken more than 500,000 sq ft of space at the Daventry International Rail Freight Terminal (DIRFT). The subsidiary of Culina Group has taken two units at the vast Northamptonshire distribution hub, built by logistics real estate giant Prologis. Warren joins Stobart in expanding Culina …
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The LockBit hacking group that encrypted Royal Mail data sought a £65.7mn ransom from the company, a demand that the postal group’s board appears to have rebuffed, setting the stage for a potential large-scale leak of company information. Negotiations with the hackers fell apart after more than three weeks of …
Read More »More working days were lost to strike action last year than at any time since 1989, according to official figures that also show wage growth failed to keep pace with inflation amid the biggest real-terms fall on record. The figures from the Office for National Statistics provide more evidence for …
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The LockBit ransomware gang has published what it claims is the full transcript of its negotiations with Royal Mail, which continues to experience disruption due to last month’s cyberattack. The chat logs negotiating the ransom is the first data that LockBit has published following the cyberattack on Royal Mail, which …
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The historic royal heirloom that will be placed on Queen Camilla’s head when she is crowned alongside King Charles III on May 6 has been revealed. The Queen Consort will wear the spectacular Queen Mary’s Crown, Buckingham Palace announced on Tuesday. The crown, set with 2,200 diamonds, was worn by …
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Official figures indicated that between the months of June and December last year, the number of lost days was recorded at 2,471,000, the highest since 1989. Royal Mail workers protest as members strike over pay and conditions, in London. Credit: Reuters British media reported on Tuesday that the UK registered …
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RMT union leader Mick Lynch joins rail workers on picket line outside London’s Euston station earlier this month (Picture: PA) More than 2.4million working days were lost to strikes last year, the most since the tally of 4.1million in 1989 when Margaret Thatcher was in power. In December alone an …
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The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines – Rishi Sunak explores public sector pay deal that backdates wage offer – Royal Mail hackers demanded 65 million pound ransom – BBC offices in India …
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Ransomware is malicious computer software that encrypts, or scrambles, files on victims’ computers. The criminals behind the software then demand a ransom in hard-to-trace cryptocurrency as the price for decrypting the files. A Royal Mail spokesman said: “As there is an ongoing investigation, law enforcement has advised that it would …
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