Nov. 13 (UPI) — The High Court of Justice ruled Wednesday in favor of Britain’s postal service and blocked union election results that could’ve spawned a labor strike during the critical holiday shipping season. Royal Mail workers who belong to the Communication Workers Union had voted to support “industrial action” …
Read More »Royal Mail claims union interfered with ballot over potential Christmas postal strikes
Royal Mail has accused trade union officials of “consciously and deliberately” interfering with a ballot of postal workers over potential strikes. The company is bringing a High Court action against the Communication Workers Union (CWU) in a bid to block threatened action, after members voted to back walkouts by 97 …
Read More »Young people and part-time workers hit by fall in UK employment – business live | Business
U.S. President Donald Trump. Photograph: Yuri Gripas/Reuters Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Fighting a war on multiple fronts is never easy — you risk losing focus, fighting the wrong battles, and creating too many foes to …
Read More »Market report: Growing profit figure at Games Workshop sees it hit shares record
Games Workshop shares hit a record high a quarter of a century after making their market debut after the miniature wargame manufacturer forecast a sharp increase in profit. The maker of Warhammer fantasy figurines led the FTSE 250 risers and closed almost a fifth higher at £53.75, up 869p. In …
Read More »Royal Mail applies for high court injunction in attempt to stop strike | Business
Royal Mail is making an application to the high court to try to block workers from staging a strike over job security and employment conditions that it says risks having an impact on the UK’s general election. The company claims there were “potential irregularities” in the ballot of Communication Workers …
Read More »Crispin Odey’s wife to chair the Jupiter fund he shorts
A top hedge fund manager known as one half of the City’s “Posh and Becks” has been appointed as chairman of a fund house her husband Crispin Odey has been betting against. Nichola Pease – whose family helped found Barclays Bank, where her brother-in-law John Varley was formerly chief executive – will take over at …
Read More »Recyclable gin pouch is a UK first for Dunnet Bay Distillers
If consumers already have one of the collectable ceramic gin bottles, they can order the pouches for £4 less than the price of ordering a new bottle. A CAITHNESS distillery has launched a recyclable gin pouch – the first of its kind in the UK – in a bid to …
Read More »Jeremy Corbyn could be at No 10 in six weeks’ time. This is Questor’s response
Questor Income Portfolio: the prospect of a hard-Left government rightly instils fear in investors. But what is a suitable course of action? Does a possible Corbyn government represent an existential threat to our portfolio? In theory, any business based or listed in Britain is at some risk from a hard-Left government. …
Read More »Pound creeps towards $1.30 amid Brexit deal hopes – business live | Business
Britain’s Prime Minister Boris Johnson smiling in the House of Commons in London on October 19, 2019, during a debate on the Brexit deal. Photograph: Jessica Taylor/UK PARLIAMENT/AFP via Getty Images Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. …
Read More »High stakes for Northern Irish businesses ahead of Brexit deal vote
Flurrybridge Enterprise Centre is ground zero for Brexit on the island of Ireland. Situated in South Armagh, just yards north of the border, it is home to businesses that sustain almost 300 livelihoods, many of them by shuttling goods along the east coast artery between Belfast and Dublin. Travelling over …
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