Future of Work

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Row over failure to pick woman for top Bank of England role: Only male in five candidates gets job

The appointment of another male economist to the Bank of England’s rate-setting Monetary Policy Committee has drawn fire from the female chairs of two House of Commons committees. The Business Committee’s Rachel Reeves called it “truly staggering”, while Nicky Morgan, from the Treasury Committee, said she was “disappointed”. Prof Jonathan Haskel’s appointment means there is […]

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Uber to give its drivers sick pay and parental leave

Ride hailing firm Uber will give its European drivers access to medical cover and compensation for work-related injuries. The new protections include sick pay, parental leave and bereavement payments. Uber said it previously “focused too much on growth and not enough on the people who made that growth possible”. “We called drivers ‘partners’, but didn’t […]

Tesco

Tesco Direct closure puts 500 jobs at risk

Tesco plans to close its Tesco Direct website that sells general merchandise, putting 500 jobs at risk. The retailer said the non-food website was a “small, loss-making part of the business” and had “no route to profitability”. Tesco said the site faced high delivery and marketing costs that meant it could not work as a […]

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TGI Fridays workers walk out over tips and wages

Workers at two branches of the American diner chain TGI Fridays are holding walk-outs over changes they say will cost them hundreds of pounds a month. The firm has introduced a new pay policy, which redistributes customer tips from waiters to kitchen staff. The 24-hour strike will affect branches in Milton Keynes and Covent Garden. […]

Disabled

Motability boss’s £1.7 million salary ‘unacceptable’ say MPs

The £1.7m salary paid to the chief executive of the firm which runs the Motability disabled car scheme is “totally unacceptable,” say MPs. The remuneration package of Mike Betts has grown by 78% from £954,000 in 2008. Motability said Mr Bett’s pay was based on a comparison with FTSE 250 firms. The Treasury and Work […]

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Carillion bosses responsible for ‘rotten corporate culture’ and drive firm off a cliff, say MPs

Carillion’s board presided over a “rotten corporate culture” and was culpable for its “costly collapse”, two committees of MPs have concluded. They also called for a potential break-up of the big four audit firms, after they “waved through” the indebted construction firm’s accounts. And they attacked the government for lacking “decisiveness and bravery” to tackle […]