Work and Pensions Secretary Liz Kendall will use landmark first speech to set out the Government’s plans to reverse dire labour market inheritance and drive up Britain’s employment Major new reforms will be at heart of Government’s ambition to reach an 80% employment rate, with a white paper on getting Britain working again Kendall set...
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Zero-hours contracts: Workers react to the ban
Getty Images The government says “exploitative zero-hours contracts” will be banned within 100 days Young people working in insecure jobs have been promised a “new deal” by the government. A law announced last week includes a ban on “exploitative” zero-hours contracts which allow employers to only pay staff when they need them. The Employment Rights...
Tempest fighter is ‘expensive but vital’ to UK defence – BAE boss
The chief executive of BAE Systems has told Sky News that, while the programme to build the UK’s planned sixth-generation fighter jet is expensive, it will be vital for the country’s future defence requirements and for creating tens of thousands of skilled jobs. Charles Woodburn was speaking on day one of the Farnborough Air Show...
UK banks face redundancies while ‘deadwood’ colleagues in Europe keep jobs
Bankers in Britain have lashed out at European labour laws which mean “deadwood” colleagues on the continent keep their jobs despite redundancy drives. Strict labour laws in Europe are said to have triggered a re-think among executives whose firms expanded there because of Brexit. An unnamed executive told the Daily Telegraph when redundancies occur it...
Officer from Italy forced to quit UK police due to post-Brexit barriers
A police officer working in Manchester says he has been forced to quit his job after Rishi Sunak raised the salary threshold to sponsor his Italian wife to live in the UK in the post-Brexit immigration scheme. Campaigners have warned that his tale of Brexit anguish is being repeated up and down the country in...
Skills England to transform opportunities and drive growth
The Prime Minister and Education Secretary have announced the launch of Skills England to bring together the fractured skills landscape and create a shared national ambition to boost the nation’s skills. The Education Secretary has also today (22 July 2024) appointed Richard Pennycook CBE, former chief executive of the Co-operative Group and lead non-executive director...
House purchases delayed by ‘global payments issue’
House purchases have been delayed by a glitch with a global payment system that left banks unable to transfer large sums of money. The Bank of England said on Thursday it had suffered a temporary outage to its CHAPS interbank payment system, which handles more than £360bn on an average day. The Clearing House Automated...
UK jobs market cools again as wage growth slows
UK wage growth slowed in May to the lowest level in two years amid a cooling jobs market, underscoring the challenge for the Bank of England as policymakers decide whether to cut interest rates. Figures from the Office for National Statistics (ONS) show annual pay growth eased from 5.9% in the three months to April...
Extra union power! WFH for all! Easier strikes! How WILL Starmer’s new ‘red revolution’ burdens on firms ever help Britain grow?
Labour‘s workers’ rights revolution will cost jobs and choke growth, ministers were warned last night. Sir Keir Starmer said he wanted to ‘unlock growth and take the brakes off Britain’. But the Prime Minister was warned that a radical package of employment rights championed by his deputy Angela Rayner could have the opposite effect. Unveiled...
Workers get right to flexible working from their first day
Workers will be automatically entitled to flexible hours from the first day in their job under a major overhaul of employment rights unveiled in the King’s Speech. Existing rights to request family-friendly hours, which put the onus on the employee to ask for them, will be changed to a presumption for all workers to have...
New UK govt pushes Tata Steel to protect local jobs before approving grant
3 min read Last Updated : Jul 17 2024 | 11:16 AM IST The newly elected Labour government in the UK is expected to demand that Tata Steel safeguard local jobs at its Port Talbot plant before approving a £500 million ($635 million) support package initially offered by the previous administration. According to a report...
Scunthorpe: Businesses fear potential steel job losses
5 days ago By Lucy Parry, BBC Yorkshire and Lincolnshire investigations BBC Steel workers, their families, and small businesses say their lives are on hold as the threat of significant job losses at Scunthorpe steelworks continues to hang over them. As part of a £1.25bn decarbonisation plan, British Steel would close the plant’s two blast furnaces, replacing...