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Workers across France strike over budget cut plans
Posted onHundreds of thousands of workers have taken take part in strike action across France on Thursday, after trade unions called for a day of protests against budget cuts. Organisers said one million people turned out, while the interior ministry put that number at 500,000, with 80,000 police officers deployed. Scuffles were reported in the cities…
Claires and The Original Factory Shop enter administration
Posted onHigh street retailers Claire’s and The Original Factory Shop are being put into administration, risking 2,500 jobs. It comes amid a turbulent time for Claire’s, popular with tweens for its brightly coloured accessories, which was seeking a buyer after its US owner filed for bankruptcy last year. Modella Capital, which owns both chains, said the…
How the new road safety measures will affect you
Posted onEmer MoreauBusiness reporter Getty Images Learner drivers could have to wait six months before booking a practical test The UK government has launched the first major road safety strategy in over a decade, aimed at lowering the number of people who are killed or seriously injured on the roads. The changes only apply to England…
Wage growth slows slightly over summer
Posted onEmer MoreauBusiness reporter Getty Images Wage growth in the UK cooled slightly over the summer, as unemployment ticked up marginally. Average wage growth was 4.7% in the three months to August, down from 4.8% over the three months to July, according to new data from the Office for National Statistics (ONS). The national unemployment rate…
Abu Dhabis Adnoc in deal talks over oil refinery at centre of US sanctions
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Arab Emirates state energy company Adnoc has emerged as the frontrunner to buy Russia’s controlling stake in Serbia’s sole oil refinery, as Belgrade grows increasingly frustrated with Moscow’s foot-dragging under US sanctions. Adnoc, or…
