Asian Markets Tumble on US Fed Rate Fears
Asian stock markets plunged sharply as fears of prolonged high US interest rates triggered a global sell-off. The Bank of Japan's intervention and regional banking concerns amplify the financial turmoil.
Category : Search result: private sector workers
$30bn Santos Takeover Collapses After Abu Dhabi Exit
A massive $30bn acquisition of Australian energy giant Santos by an Abu Dhabi-led consortium has been abruptly terminated, sending shockwaves through global energy markets and raising questions about the future of fossil fuel investments.
Australia's 2035 Climate Target Sparks Political Firestorm
Australia's Labor government faces intense scrutiny over its ambitious 2035 emissions reduction target of 65%, as Opposition Leader Sussan Ley launches fierce criticism and Energy Minister Chris Bowen defends the crucial climate policy.
Private parking tickets surge 24% hitting UK drivers
British motorists are facing a record onslaught of private parking tickets, with a shocking 24% annual surge in charges. Discover the data behind the £100M industry and how to fight back.
Reeves' Tax Raid Backfires: Govt Staffing Hits Record High
Exclusive analysis reveals central government and NHS vacancies hit unprecedented levels despite Labour's promised employment crackdown, raising serious questions about the Chancellor's strategy.
Starmer: I wouldn't appoint Mandelson now
Prime Minister Keir Starmer expresses profound regret over appointing Peter Mandelson to his strategic council, citing a failure to fully grasp the extent of Mandelson's private sector interests at the time.
Trump's 'Welcome' Directive Triggers S Korea Worker Crackdown
A controversial US immigration directive from Donald Trump is cited as a key trigger for a sweeping South Korean crackdown on illegal workers, resulting in mass arrests and industry turmoil.
Trump Proposes Exempting Tips from Federal Income Tax
Ex-President Donald Trump proposes exempting tipped wages from federal income tax, a move that could put thousands of dollars back into the pockets of waiters and bartenders but faces significant legislative hurdles.
Queensland's Mine Rehabilitation Crisis: Who Pays the Bill?
Exclusive investigation reveals Queensland's ticking time bomb as mining giants leave taxpayers facing billions in rehabilitation costs for derelict sites, with prime agricultural land at stake.
Barclays Chief Urges Cap on Public Sector Pay Rises
Barclays CEO C.S. Venkatakrishnan calls for restraint in public sector wage increases to curb inflation, warning of economic consequences without fiscal discipline.
UK Economy Grows 0.4% in May, Exceeding All Forecasts
The UK economy grew by a stronger-than-expected 0.4% in May, according to the Office for National Statistics. Chancellor Rachel Reeves welcomes the data but warns of the 'challenge' inherited from the previous government.
UK Economy Stalls: 0.0% GDP Growth in April
New ONS data reveals the UK economy showed zero growth in April 2024, with a sharp slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.
Reeves Declares War on 'Antiquated' UK Planning System
New Chancellor Rachel Reeves unveils a radical overhaul of England's planning system, vowing to fast-track 1.5 million new homes and critical infrastructure to kickstart economic growth, despite warnings from retail leaders.
Teacher on 16-year sick leave with £48k salary
A secondary school teacher has remained on full sick pay for 16 years without returning to the classroom, costing taxpayers over £1 million and igniting a fierce debate on public sector sick leave reform.
Government diverts £25m charity cash to education budget
Ministers face fury after quietly diverting £25m from the Dormant Assets scheme, earmarked for youth and community projects, into Department for Education coffers.
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
MPs Poised for Inflation-Busting £7,000 Pay Rise
British MPs are in line for a significant £7,000 pay increase, lifting their salaries to over £91,000, as recommended by the independent watchdog IPSA. This inflation-linked rise comes amidst a backdrop of sluggish wage growth and widespread industrial di
Anglo American's £1.5bn Teck Bid May Spark Bidding War
Anglo American's bold £1.5bn bid for Teck Resources' coal assets signals major restructuring but may invite rival offers in heated mining sector consolidation.
Wes Streeting: NHS is 'broken', needs private sector help
New Health Secretary Wes Streeting delivers a bombshell diagnosis of the NHS as 'broken' and announces a controversial new strategy to use private sector capacity to tackle the elective care backlog, signalling a major shift in healthcare policy.
BlackRock's £2.1bn Aletto Power Acquisition Finalised
Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co
Unite warns Labour: Improve workers' rights or face backlash
Unite union general secretary Sharon Graham demands Labour urgently improve its workers' rights package, warning that failing to fulfil this key election promise would be a 'betrayal' of voters.
US releases 300 detained South Koreans at Hyundai plant
In a major development, US immigration officials have released 300 South Korean technicians detained at a Hyundai plant in Alabama. The resolution follows intense diplomatic efforts from Seoul.
US ICE Raid Detains Hundreds of Korean Workers - Seoul Responds
The South Korean government pledges consular assistance following a major US immigration enforcement operation that resulted in the arrest of hundreds of its nationals.
Unison Chief: UK Social Care System is 'Broken'
Christina McAnea, head of Britain's largest union, issues a stark warning on the UK's social care crisis, calling for immediate funding and a national strategy to fix the crumbling system.
Pub Saviour: How One Landlord Beat the Hospitality Crisis
A struggling pub landlord reveals the simple yet brilliant strategy that rescued his business from the brink of closure, offering hope to the UK's embattled hospitality sector amidst soaring costs.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
ConocoPhillips Axes 25% of UK Oil Workforce
US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.
Alligator Alcatraz: London's Quirky Cocktail Bar Closes
London's iconic reptile-themed cocktail bar, Alligator Alcatraz, has served its last drink. Discover the reasons behind the sudden closure of this beloved Soho nightlife spot.
Lloyds warns 3000 staff: Improve performance or face sack
Exclusive: Lloyds Banking Group has issued formal warnings to 3000 employees, stating they face dismissal unless performance improves significantly, in one of the UK's largest workforce restructuring moves.
Clinic Staff Fired After Viral TikTok About Working Conditions
Healthcare workers at a leading US clinic have been summarily dismissed after a TikTok video revealing alleged poor working conditions and staff shortages went viral, igniting a fierce debate on workers' rights and corporate transparency.
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