London CNN Business — Britain is bracing for further disruption from strikes heading into the Christmas period, as ambulance drivers and nurses join rail operators and postal workers in the worst wave of walkouts the country has endured for at least a decade. More than 20,000 ambulance workers, including paramedics …
Read More »Royal Mail warns of 6,000 job cuts as postal workers step up strikes
London CNN Business — UK postal service Royal Mail (ROYMY) said Friday that it could cut 6,000 jobs as it warned of a big loss this year, which it blamed on a wave of strikes and a decline in its parcel delivery business. About 110,000 Royal Mail staff went on …
Read More »Liz Truss admits mistakes on controversial tax cuts plan, but doubles down on it anyway
London CNN — British Prime Minister Liz Truss admitted mistakes had been made with her government’s controversial “mini-budget” announced last week – which sent the pound to historic lows and sparked market chaos – but stood by her policies. Speaking to the BBC’s Laura Kuenssberg on Sunday morning Truss said: …
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