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Tag Archives: new business ideas

Wilko opens redundancy talks with nearly 4,000 staff

High-street retailer Wilko has begun a redundancy consultation with nearly 4,000 staff members as it reorganises its business.Up to 1,000 senior supervisor roles and a “significant amount” of customer service posts will be created under the plans, the firm said.The chain, whose headquarters is in Worksop, saw pre-tax profits …

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Tata Steel signs agreement for new pensions deal

Steel company Tata has formally announced it is to separate its UK pension scheme from the business.It could mean a potential merger between the Indian-owned firm and the German steel producer ThyssenKrupp is more likely to move forward.The £15bn British Steel Pension Scheme (BSPS) has been a significant barrier …

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FTSE ends down as shares hit by US-North Korea tensions

The UK’s stock market ended the week down 1.1% as worries over the situation between the US and North Korea continue to rattle investors.On Friday, Donald Trump said the US military was “locked and loaded” to deal with North Korea,By the close of trading, the FTSE 100 was down …

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US consumer prices inch up in July

Prices in the US rose by less than expected last month, as inflation in the economy remained tame.The Labor Department’s Consumer Price Index (CPI) inched up 0.1% last month, only a slight improvement on a stagnant June figure.Economists polled by Reuters had expected a 0.2% month-on-month increase.The dollar fell …

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Heathrow poor for disabled travellers, regulator says

Heathrow Airport has been rated poor for disabled travellers in a report from the UK’s aviation regulator. Some passengers were not treated with “dignity and respect” with waits of one to two hours to get off planes, the Civil Aviation Authority said.Manchester, East Midlands and Exeter airports also received …

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Tata fined £1m after Scunthorpe Steel staff exposed to toxic gas

Tata Steel has been ordered to pay £1m after it exposed five people to toxic substances at Scunthorpe Steel Works. The firm admitted releasing a quantity of benzole, exposing five workers to risk of death from flammable vapours coming off it, in June 2011.A Health and Safety Executive (HSE) …

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Eggs scandal: EU food safety chief calls for end to 'blaming'

Media playback is unsupported on your device The EU’s food safety commissioner has called for an end to countries “blaming and shaming” each other, after eggs were found to contain traces of an insecticide dangerous to humans.Vytenis Andriukaitis said EU ministers and regulators should meet urgently.Eggs, coming mainly from …

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