Future of Work

Manufacturing

UK manufacturing grows at fastest rate for four years but not out of woods yet

UK manufacturing output grew at the fastest pace for nearly four years in April, according to official figures. Manufacturing output grew by 2.3% in April, the Office for National Statistics (ONS) said, the biggest monthly rise since July 2012. The wider measure of industrial output increased by 2.0%, also the biggest rise since July 2012. The […]

Twitter1

Twitter considered buying ailing Yahoo – potential buyers still circling

Twitter’s management held talks with Yahoo about a possible deal, it was reported, while it was separately noted that private equity firms eyeing Yahoo’s assets are being squeezed by tech players such as AT&T. Second round bids for Yahoo’s core internet business are due this week, and a winner could be selected in early July. […]

RMT union ticket office closures

RMT Union furious over managers’ celebration of closure of ticket offices

A leading rail union has attacked the “disgusting and obscene” spectacle of transport managers celebrating the closure of London Underground ticket offices. The Rail, Maritime and Transport (RMT) union said nearly 50 senior managers attended a black-tie dinner at a Mayfair club to mark the completion of the closure of hundreds of Tube ticket offices. […]

Sports Direct

Sports Direct Chief Mike Ashley to appear before MPs on June 7

MPs have told Sports Direct boss Mike Ashley he has to give evidence next month on his firm’s work practices. The Business Select Committee has been trying to quiz Mr Ashley for months about working practices, including the use of zero hours contracts. He has been refusing to appear before the committee, but in a […]

Microsoft partners with Future Processing

Microsoft to cut off its smartphone workers as it scales back

Microsoft has announced plans to cut up to 1,850 jobs as part of efforts to scale back its smartphone business. The firm also said it would post a $950m (£646m) writedown, part of which is to cover redundancy payments. A union official suggested the firm had cancelled plans to manufacture further handsets of its own, […]

Ladbrokes and Coral merger

Ladbrokes and Coral may have to offload stores for merger to go through

Ladbrokes and Coral may have to offload 350 to 400 high street stores as a condition of their proposed £2.3 billion merger, the Competition and Markets Authority has said. The CMA found that the merger could “result in a substantial loss of competition” in the gambling market at both a national and local level. In […]