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New £150m funding package to protect jobs at Grangemouth
David HendersonScotland news correspondent PA Media The UK government and Ineos are to invest a combined £150m in the plant The UK government is to invest £120m in a support package for the Grangemouth industrial complex. Owners Ineos will contribute £30m to the joint investment deal. The site, the UK’s last ethylene plant, employs about…
Throw the parcel at the back door – Evri couriers tell of pressure to earn a decent wage
Zoe Conway and Kirstie BrewerBBC Panorama Watch Panorama’s undercover filming: “You’ll make no money my friend unless you get all your parcels out. Get them all out.” When Becky ordered a Barbie doll for her daughter, she got a notification from delivery firm Evri saying it had arrived. There was just one problem: it was…
Bank boss sorry after describing workers as lower value human capital
Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t about cost cutting but “replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we’re putting in”.
Imgur blocks access to UK users after proposed regulatory fine
Image-hosting platform Imgur has blocked people in the UK from accessing its content. Imgur is used by millions to make and share images such as memes across the web, particularly on Reddit and in online forums. But UK users trying to access Imgur on Tuesday were met with an error message saying “content not available…
Trump plan to cap credit card costs hits bank shares
Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped. On Friday, Trump wrote on Truth Social that interest rates on cards should be limited to 10% for one year from 20 January. He did not specify how such a cap might be…
