Another top executive is leaving the Post Office as the embattled business prepares for the final stage of the Horizon inquiry. Staff were told on Wednesday that Martin Roberts, group chief retail officer at the taxpayer-owned organisation, will leave on Aug 2. He has been in post since Feb 2022 …
Read More »One rule for them? Just 7 per cent of bosses are in the office full-time
Sir Jim Ratcliffe, the billionaire industrialist and co-owner of Manchester United, last month ordered the football club’s staff to return to the office full time or seek “alternative employment”. Calls to get people back into the office have also been echoed by senior politicians. Last year, Jeremy Hunt, the former …
Read More »Living a miserable existence to fund an early retirement is a terrible idea
For me, the costs firmly don’t outweigh the benefits. Let’s assume that you’re able to invest an extra £10,000 per year by living miserably now in hopes of a brighter future (bear in mind the average full-time salary in the UK is around £35,000 and that’s before tax). The S&P …
Read More »Why Britain is leaving Europe behind on pay – and becoming more like the US
Figures from Indeed, the recruiter, show advertised salaries are accelerating in the UK even as they slowed in the eurozone. Real wages have risen by more in 12 months than they did in the previous 16 years, according to the Resolution Foundation. Regular wages are 2.4pc higher than they were …
Read More »Royal Mail bidder pledges to prevent job cuts if he takes charge
The Czech billionaire vying to buy Royal Mail has pledged not to cut any jobs if his takeover bid is successful. Daniel Kretinsky, known as the “Czech sphinx”, has made private assurances that there will be no compulsory redundancies as a result of his swoop on the 500-year-old postal service. …
Read More »Amazon workers to stage week-long strike over pay
Amazon warehouse workers are to stage a week-long strike over pay, the longest run of industrial action by the company’s staff in the UK to date. Staff at Amazon’s Coventry warehouse are planning to walk out for five consecutive days next month between March 13 and 17, as well as …
Read More »Royal Mail ‘destroyed’ woman’s life after she questioned bonuses
Royal Mail has been accused by a judge of “destroying” a female employee’s life after she was the victim of a lengthy bullying campaign for blowing the whistle on potential fraud. In an extraordinary judgement, the postal service was told that if it had a “shred of decency” it would …
Read More »Five stocks to buy and profit from the summer of strikes
Mr Burgeman added: “Greggs has been another victim of the economic pressures this year. The bakery chain warned about staff shortages in October and the shares are down more than 40pc.” However, market consensus suggests that investors could still profit off all three stocks’ potential to bounce back when …
Read More »Royal Mail staff vote to launch biggest strike of the summer
More than 115,000 Royal Mail workers have overwhelmingly voted for industrial action, marking the biggest strike of Britain’s “summer of discontent”. Some 97.6pc of workers voted to walk out in a row over pay and working conditions. Turnout for the ballot was 77pc. Union barons were accused of refusing to …
Read More »Royal Mail union demands £28.50 a week for staff to push one button
Growing up in the north-east market town of Darlington, Simon Thompson has fond memories of attending the nearby Durham Miners’ Gala in the 1970s and 1980s. For many working class families, the annual trade union jamboree was – and remains – a highlight of the social calendar. “My grandfather was …
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