Two more weeks of strike action in Scottish colleges have been announced as a long-running pay dispute continues. The Educational Institute of Scotland’s (EIS) emergency committee said there would be six additional strike dates in the latter half of August. It comes after a recent re-ballot of members of theContinue Reading
Three of the country’s biggest water companies could be forced to pay £168 million in fines over sewage spills, including a £104 million penalty for Thames Water. Regulator Ofwat proposed the fine for Thames, plus sanctions of £47 million for Yorkshire Water and £17 million for Northumbrian Water, in theContinue Reading
Chancellor Rachel Reeves has left open the possibility of altering a key measure of the UK’s debt, a move that could potentially release £17 billion for her upcoming autumn budget. During a trip to New York and Toronto, Reeves indicated she would clarify her fiscal rules in her maiden budget,Continue Reading
The Government has confirmed it will repeal the controversial law which aimed to ensure a minimum level of service during strikes. The Conservative government took forward the Strikes (Minimum Service Levels) Act last year in response to the unprecedented wave of industrial action by hundreds of thousands of workers overContinue Reading
Stocks took a sharp tumble around the world on Monday, with the US Dow Jones and UK FTSE100 both dropping 2 percent and Japan’s Nikkei index suffering its worst day in 37 years, amid worries over the possibility of a global recession. London’s blue-chip index closed 2.1 percent down, fallingContinue Reading
The FTSE 100 suffered its worst session of the year so far after a global sell-off was sparked by concerns over a potential US recession. Japan’s Nikkei 225 index suffered its worst day since 1987 on Monday after investors were spooked by disappointing American jobs data last week. London’s mainContinue Reading
The FTSE 100 has plunged in early trading after an expected global stock market rout started overnight, with Japan’s Nikkei 225 index suffering its worst day since 1987. London’s blue-chip index was 2.4% down after the open on Monday falling 193 points to 7,982, in its sharpest fall since JulyContinue Reading
Hargreaves Lansdown has said talks remain “ongoing” over a potential £5.4 billion takeover as the deadline to seal the deal was extended again. The investment platform firm received a takeover proposal from a consortium led by CVC in June. The group of bidders is led by buyout giant CVC, alongsideContinue Reading
Police commissioners could see households and businesses claiming for compensation of up to £1 million in the aftermath of riots erupting across the UK. Under the law in England and Wales, victims of criminal damage to their property and possessions during a riot are entitled to claim for losses. QuestionsContinue Reading
The FTSE 100 has plunged in early trading after an expected global stock market rout started overnight, with Japan’s Nikkei 225 index suffering its worst day since 1987. London’s blue-chip index was 2.4% down after the open on Monday falling 193 points to 7,982, in its sharpest fall since JulyContinue Reading
