Tag Archives: Cuts

UK Shadow Health Secretary Wes Streeting took to the pages of the right-wing Sun newspaper to make his latest attack on National Health Service (NHS) workers and double down on his demands for privatisation. The Sun headlined with, “NHS NEEDS REFORM: Wes Streeting warns NHS that there’ll be no additional …

Royal Mail owner International Distributions Systems swung to a half-year loss, blaming weak parcel volumes and strikes at the UK postal carrier, and also axed its interim dividend. Reported pre-tax losses came in at £127m, compared with a profit of £315m a year earlier. The company also said it would …

Link to this page: https://www.socialistparty.org.uk/issue/1119/31975 From The Socialist newspaper, 3 February 2021 Do you have something to say? Send your news, views and criticism, in not more than 150 words, to [email protected] – or if you’re not online, PO Box 1398, Enfield EN1 9GT. We reserve the right to shorten …

Wildwood restaurant chain owner Tasty said on Tuesday it would open around 86% of its estate this month having cut its workforce by more than 30%, as it considered an equity raising and warned of a “challenging” market. The firm said it remained “extremely cautious” regarding trading in September and …

Royal Mail axing 2,000 management jobs Around 2,000 management jobs are being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis.The group said the job cuts come as part of a management overhaul under plans.. Credit: PA – Press Association STUDIO     …

London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …

Link to this page: https://www.socialistparty.org.uk/issue/1055/29544 From The Socialist newspaper, 11 September 2019 Tories out!, photo Mary Finch   (Click to enlarge) Tory MPs are dropping like flies. Johnson has lost control of his party, parliament, and the plot. A few crumbs thrown at public services isn’t going to make up for …