Tag Archives: Economy

London, United Kingdom: The UK’s recent austerity budget may avert a deeper recession, but the government must focus more on growth to improve the country’s long-term prospects, the Confederation of British Industry (CBI) will say Monday. The business lobby group’s director general, Tony Danker, will tell its annual conference that the government …

LONDON The Communication Workers Union in the U.K that said postal workers had voted overwhelmingly for more strikes this year and next, affecting deliveries in the run-up to Christmas and opening hours at post offices.   class=’cf’> The CWU said those in charge of Royal Mail, which employs delivery workers, …

Bosses at kitchenware brand ProCook have reported renewed trading momentum after a “challenging” summer. The Gloucestershire firm, which listed on the London Stock Exchange last year, said it generated £15.9m in revenue in the second quarter – a 9% dip on the same period last year, but up more than …

Pensioners protest over rising fuel prices at a demonstration outside Downing street called by The National Pensioners Convention and Fuel Poverty Action on February 7, 2022 in London, England. Guy Smallman | Getty Images LONDON — “The brains of humans and other animals contain a mechanism designed to give priority …

Royal Mail rushed forward the monthly payment into its pension scheme to help prevent a cash crunch, The Telegraph can reveal, … Source link

The walkout over a pay dispute comes after failed negotiations, hitting postal deliveries across the UK. Picket lines have been mounted outside Royal Mail delivery and sorting offices in the United Kingdom after workers launched a 48-hour strike in a worsening dispute over pay. Members of the Communication Workers Union (CWU) walked …

The Red Ensign at the stern of Scillonian III hangs limply at half-mast as she chugs out past Land’s End into the Atlantic. It is a hot, windless, sun-kissed September morning. We are heading for the Scillies. The United Kingdom is burying its Queen today. At Westminster Abbey, 290 miles …

S upermarket shelves are already filling with pigs in blanket-flavoured crisps and other enticing festive fare. But what sort of Christmas will it be? With long-running industrial disputes still rumbling across the economy it may not after all turn out to be the first “normal” Christmas for three years that …

A FedEx worker makes a delivery on Sept. 16, in Miami Beach, Fla.Joe Raedle/Getty Images After FedEx Corp. FDX-N reported weak preliminary financial results and warned of a recession, the stock market shuddered, highlighting the importance many investors attribute to the global delivery giant. FedEx’s share price fell 21.4 per …

Workers at Royal Mail Group join picket lines after being given a pay rise that falls far short of inflation. Thousands of postal workers in the United Kingdom have launched a series of strikes over pay, as the cost-of-living crisis prompts mass industrial action in numerous sectors. In east London, …