Pizza chain’s angry staff launch protests over slice taken off their hard-earned tips
Campaigners will target Pizza Express branches over 8% admin fee levied on employees, then extend action to other companies Indignant waiters are calling for public support in a battle to hold on to their tips. Pizza Express branches are to be targeted by protesters from Monday, as part of an attempt to get the restaurant […]
Carphone Warehouse cyber-attack: 2.4m customers' data feared accessed
Initial investigation suggests customers’ names, addresses, dates of birth and bank details may have been accessed The personal data, including bank details, of millions of Carphone Warehouse customers may have been accessed in a “sophisticated cyber-attack”, the retailer has admitted. The high street firm is investigating how hackers breached the IT systems of one of […]
Privatisation betrays a short-term view of debt
George Osborne may have many reasons for selling off state assets, but his promised great divestment is not free of long-term costs George Osborne wasted no time after the Conservatives were returned to power in May before signalling that flogging off public assets would be a key part of his strategy for paying down government […]
It’s the £64bn question: what does George Osborne have left to sell off?
The chancellor’s divestment spree will not stop at the bailed-out banks. We look at other candidates for privatisation – and ask if this is 1987 all over again George Osborne’s decision to begin selling down the government stake in Royal Bank of Scotland has paved the way, many feel, for a glut of government asset […]
Royal Dutch Shell cuts ties with Alec over rightwing group's climate denial
Shell joins BP in corporate exodus from membership of the conservative, free-market lobbying group, which continues to deny the science of climate change Royal Dutch Shell have announced they will end their membership of the far-right American Legislative Exchange Council (Alec) because of its continuing denial of the science of climate change. In a statement […]
Steady US job figures could end the era of ultra-low interest rates
The Federal Reserve looks likely to decide that the time is right for a rate rise, almost seven years to the day since Lehman Brothers’ collapse The symbolism would be perfect. When the Federal Reserve announces its decision on US interest rates on 17 September it will be almost seven years to the day since […]
Selfridges Christmas shop: it’s nice to be jolly any season … isn't it?
Baubles all over the world is the name of the game for some at the department store – you can see Yuletide in summer becoming an august institution I’ll tell you what was flying off the shelves in the Selfridges Christmas shop, London, on 6 August 2015: pure white baubles that said “Selfridges 2015”. This […]
Green light for Fed rate rise from US jobs report – live
US added 215,000 jobs in July, wages rebound German exports, industrial output falls German finance ministry favours bridge loan for Athens – report Bank of England’s Broadbent: no urgency to raise rates Spain’s economy gathers momentum UK trade deficit shrinks in second quarter 5.12pm BST #Greece "nearly ready" for agreement with lenders, says Dep PM […]
Exit from EU would damage Britain and Europe, says Axa chairman
Henri de Castries, head of influencial Bilderberg group, says Brexit would ‘diminish both the status and influence of the UK’ A British exit from the European Union would be severely damaging for both parties and like a divorce, the head of one of the biggest insurers and chairman of the influential Bilderberg group has warned. […]
Morrisons to meet dairy farmers as milk price protests grow
Supermarket also threatens legal action as farmers blockade distribution centres in fight to be paid enough to cover production costs Morrisons has agreed to meet dairy farmers to discuss the price it pays for milk after a week of protests that included a blockade of two of the supermarket’s distribution centres. The chain has come […]