Similar Posts
Minister defends pragmatic U-turn on workers rights
Paul SeddonPolitical reporter PA Media The education secretary has defended Labour’s U-turn over offering all workers the right to claim unfair dismissal from their first day in a job. Instead, ministers now plan to reduce the qualifying period from the current two years to six months, in line with a deal agreed by some unions…
Daily Mail owner agrees to buy Daily Telegraph for £500m
Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
Paramount launches rival bid for Warner Bros Discovery
Natalie ShermanBusiness reporter Warner Brothers Discovery Warner Brothers Discovery is owner of HBO, known for shows like Sex and the City Paramount Skydance has made another offer to buy Warner Bros Discovery as it seeks to trump a rival plan from Netflix to buy the company’s studio and streaming networks. Paramount, which is backed by…
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”.
