Image copyright Tilly Roovers Image caption Tesco is one of the retailers restricting sales of items such as toilet roll A government minister has said there is “no need” for coronavirus stockpiling, as worried shoppers clear shelves. Tesco and Waitrose are among retailers restricting sales of essential food and household items, in-store or online. Shoppers […]
Coronavirus: Public urged not to stockpile Read More »
Image copyright Getty Images Image caption Rana Kapoor, the founder of the troubled lender, was arrested on Sunday India’s financial crime detectives have arrested the chief of the private Yes Bank over allegations of money laundering. Rana Kapoor was arrested days after the country’s central bank seized control of the lender. Mr Kapoor was produced
Yes Bank: Founder Rana Kapoor held over alleged money laundering Read More »
Image copyright Getty Images UK retail giant Tesco has agreed to sell its operations in Thailand and Malaysia for ($10.6bn) £8bn. The supermarket chain has 2,000 stores across both countries, under the Tesco Lotus brand, and is selling them to Thai conglomerate CP Group. Chief executive Dave Lewis said the sale would allow Tesco “to
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Image copyright Getty Images A Chinese firm is set to complete its takeover of British Steel on Monday. Jingye Group previously said that it would save more than 3,000 jobs in Scunthorpe and Teesside and modernise the towns’ steelworks. The firm reportedly offered £50m to buy the company after it collapsed and was placed under
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Image copyright PA The Department for Work and Pensions has lost more employment tribunals for disability discrimination than any other employer in Britain since 2016. BBC Panorama found the DWP lost 17 of 134 claims of discrimination against its own disabled workers from 2016-19. And it paid out at least £950,000 in both tribunal payments
DWP says it is ‘shocked’ by its own disability tribunal record Read More »
Image copyright Getty Images Many financial firms are paying the average man almost 25% more than the average women, with HSBC posting an overall pay gap of 47.8%. It is the third year UK organisations with more than 250 employees have been legally required to publish a snapshot of their gender pay gap. Of the
Gender pay reporting a ‘blunted instrument’ as gaps widen Read More »
Image copyright Robert Mills Image caption Shai Aharony’s company is taking hand washing very seriously The government has said that up to a fifth of the UK workforce could be off sick in a major coronavirus outbreak. So how are businesses around the world coping as the deadly virus spreads? 1. Egg timer reminder for
Coronavirus: ‘We use an egg timer to remind staff to wash hands’ Read More »
Image copyright Getty Images Asian stock markets started Monday trading spooked by a major crash in oil prices. In Japan, the benchmark Nikkei 225 index crashed 6.1% while in Australia, the ASX 200 dropped about 6% in early trading. Markets have been rattled by the threat of a price war between oil exporting group Opec
Asian stock markets tumble after oil prices crash Read More »
Image copyright Getty Images Image caption An oil production and storage vessel in the Atlantic Ocean Oil prices crashed in Asia on Monday by more than 20% in what analysts are calling the start of a price war. Top oil exporter Saudi Arabia slashed its oil prices at the weekend after it failed to convince
Oil plunges in Asia as producers start price war Read More »
Image copyright Reuters Image caption Rishi Sunak became chancellor after Boris Johnson’s cabinet reshuffle Four weeks ago, Rishi Sunak had no idea he would be delivering the Budget on 11 March. Then Sajid Javid resigned, Mr Sunak was promoted to chancellor and the stage was set. In between making cups of tea, he has been
Strictly to stately: Chancellor Rishi Sunak can learn from late replacements Read More »
