Category Archives: Business

Halt illegal imports of conflict minerals from DRC, campaigners urge EU

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Law to stop armed groups profiting from trade in gold, tin, tungsten and tantalum is being breached, rights groups say

The European Union has been urged to clamp down on illegal imports of conflict minerals from the Democratic Republic of the Congo (DRC) after evidence was found that current regulations had been breached.

The advocacy group Global Witness (GW) said there remained a “high risk” of the EU’s mineral imports being used to fund militias and state repression in several countries.

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Australia news live: delays up to 70 minutes on Sydney trains as industrial action begins; Hume says Coalition would cut ‘bloated bureaucracy’

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‘Passengers should expect delays, service cancellations and large service gaps’ across Sydney today, NSW TrainLink warns. Follow today’s news live

Wong ‘absolutely confident’ government can work with Trump as US president

Moving to another topic, Penny Wong was asked about her invite to Donald Trump’s inauguration in the US, and responded:

Donald Trump has been elected President of the United States, and I’m honoured, on behalf of the country, to have been invited to his inauguration.

This includes humane treatment and the right to a fair trial. So that is their obligation, [and] we will look at the facts when they have been ascertained.

But I want to be clear, all options are on the table. Those options include expelling the ambassador and recalling Australia’s ambassador in Russia … I need, as the foreign minister, to identify and ascertain the facts beforehand.

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Frasers Group says two-thirds of retail staff are still on zero-hours contracts

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MPs examining plans for legislation were told 11,500 staff on the contracts, which do not guarantee weekly shifts

The owner of Sports Direct has confirmed that two-thirds of its retail workforce remain on zero-hours contracts ahead of new legislation designed to limit their use.

Frasers Group told MPs who are examining plans to strengthen protection for employees that 11,500 staff were on the contracts, which do not guarantee any weekly working shifts, and did not receive compensation even if shifts were changed at the last minute.

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UK bans German meat and dairy products after foot-and-mouth case

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Import of pork, lamb and beef as well as live cattle, sheep and pigs suspended amid outbreak near Berlin

Britain has banned imports of German pork, lamb, beef and dairy products to prevent foot-and-mouth disease spreading to the UK after a case of the disease was confirmed last Friday on the outskirts of Berlin.

As well as prohibiting imports of ham, bacon, salami and cheese, the measure bans the import of live cattle, sheep and pigs, along with other animals which are susceptible to foot-and-mouth. No health certificates will be issued by Britain for fresh meat from Germany.

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Australia news live: SpaceX debris disrupts Qantas flights from Sydney to South Africa

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Follow today’s news live

Rowland reacts to number of women preselected by Liberal party to replace retiring MPs

Michelle Rowland was also asked about the fact just one woman has been preselected to replace eight Liberal MPs who are retiring at the next election. Is she disappointed by this?

Clearly, Peter Dutton talks a big game when it comes to these issues, but the reality is borne out by the fact that they continue to overlook women for public office … For my mind, that says everything about Peter Dutton being stuck in the past, just as he’s stuck in the past around the national broadband network, his response to this announcement is to call it a joke, which is an insult to regional communities.

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Surrey councillors ask ministers to ‘write off’ Woking’s £1bn debt

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Taxpayers asked to shoulder burden as beleaguered council expected to merge with neighbouring authorities

Taxpayers are being asked to shoulder £1bn in debt amassed by a bankrupt Surrey council that will be merged in the government’s plan for the biggest transfer of powers to England’s regions this century.

Posing a fresh financial headache for the government, councillors in Surrey have requested that ministers “write off” £1bn in debt held by troubled Woking borough council to enable a merger between the county’s 12 local authorities.

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Ryanair calls for limit of two alcoholic drinks at airports in Europe

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Airline asks authorities to impose new curbs as it seeks to recover €15,000 in costs related to diverted flight

Ryanair wants a limit of two alcoholic drinks at airports, as the airline released further details of legal action to recover €15,000 (£12,615) in costs related to a diversion it said was caused by an allegedly disruptive passenger.

The airline has called on European authorities to bring in new curbs on alcohol to stop passengers getting drunk before boarding a plane.

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Oliviero Toscani, photographer behind provocative Benetton ads, dies aged 82

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Tributes paid to Italian known for images that drew attention to social themes including HIV/Aids and racism

Tributes have been paid to Oliviero Toscani, the Italian fashion photographer renowned for the provocative images used in Benetton’s advertising campaigns, who has died aged 82.

Toscani, who for two decades was the art director of the global clothing chain, died on Monday after being hospitalised close to his home in the Tuscan town of Cecina.

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Business confidence falling in UK and eurozone, recruiters warn

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Fears over UK growth and political uncertainty in France and Germany making firms reluctant to hire staff

Recruitment companies have warned about declining confidence across Europe and the UK, as political uncertainty adds to concerns about economic growth.

The FTSE 250 recruiter PageGroup said on Monday that profits had dropped by nearly a quarter in Germany and 17% in France during the last three months of 2024, compared with the same period in 2023. Its UK profits fell by 14%, as companies grew more nervous about taking on new staff.

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Apple asks investors to block proposal to scrap diversity programmes

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Conservative thinktank wants firm to end its DEI efforts because they create ‘litigation, reputational and financial risks’

Apple has asked shareholders to vote against a proposal to scrap its diversity, equity and inclusion programmes, as tech rivals scale back similar schemes before Donald Trump’s return to the White House.

The National Center for Public Policy Research, a conservative thinktank, wants the iPhone maker to end its DEI efforts because they expose companies to “litigation, reputational and financial risks”. The proposal will be voted on at Apple’s annual general meeting on 25 February.

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Lloyds bankers could face bonus cut if not in office two days a week

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Group reviews office attendance as part of performance-related bonus targets forsenior employees

Senior bankers at Lloyds could be at risk of having their bonuses docked if they fail to follow company orders to be in the office at least two days a week.

Lloyds Banking Group – which owns the Halifax, Lloyds and Bank of Scotland brands – has confirmed it is reviewing office attendance as part of performance-related bonus targets for its most senior employees. That includes hybrid staff who, in 2023, were ordered to be in the office at least 40% of the time, which typically amounts to two days a week for those on full-time contracts.

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One in six UK workers skipping meals to make ends meet, says TUC

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Trade unions body finds 17% have skipped meal in past three months, and as many as 10% do so most days

As many as one in six workers in Britain are skipping meals to make ends meet as households remain under pressure from the higher cost of groceries, energy and other essentials.

Highlighting the impact of the cost of living crisis on working households, figures from the Trades Union Congress (TUC) showed 17% of full- or part-time workers had skipped a meal to reduce their spending in the past three months.

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Falsely labelled ‘organic’ products rife on Australian shelves, shoppers warned

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Organic farmers sound alarm about greenwashing amid push to introduce national domestic standard

Organic farmers and retailers have warned that Australians are being misled by producers who engage in a form of greenwashing by falsely labelling their products “organic”.

Australian consumers may be happy to pay higher prices for meat, cheese, cosmetics and other goods marked “organic” but producers can use the term without meeting any particular standards or being certified.

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UK can be ‘AI sweet spot’: Starmer’s tech minister on regulation, Musk, and free speech

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Technology secretary Peter Kyle has the task of making Britain a leading player in the AI revolution, but says economic growth will not come at the cost of online safety

With the NHS still struggling, a prisons crisis still teetering and Britain’s borrowing costs soaring, there are few easy jobs going in Keir Starmer’s cabinet at present.

But even in such difficult times, the task of convincing Silicon Valley’s finest to help make Britain a leader in the artificial intelligence (AI) revolution – all while one leading tech boss uses the Labour government as a regular punching bag and others ostentatiously move closer to Donald Trump – is among the most challenging.

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‘So immoral’: gig economy workers forced to pay fee to receive their wages

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Retail assistants on low pay using YoungOnes platform docked cash or told to wait up to 30 days for earnings

Retail assistants have accused a gig economy firm of “holding them to ransom” by making them pay a fee if they want to receive their wages within a month.

A new payment system brought in by YoungOnes, which supplies “freelance” retail assistants to many well-known high street stores, charges gig workers 4.8% of their earnings to be paid in one minute or 2.9% to be paid in three days. If they decline, they typically have to wait 30 days. Previously the workers were paid in three days, without a charge.

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Rail passengers face disruption from Avanti strikes every Sunday until June

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Train managers on west coast mainline to take action from 12 January to 25 May in dispute over rest-day working

Passengers on Great Britain’s west coast mainline have been warned of disruption to Avanti services on every Sunday from this weekend to the end of May.

Train managers represented by the the National Union of Rail, Maritime and Transport Workers (RMT) have said they will strike on every Sunday from 12 January to 25 May 2025, in a dispute over their pay for working on rest days.

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JP Morgan Chase requires all workers to return to office five days a week

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Executives acknowledge ‘not everyone will agree with this decision’ as bank calls time on remote and hybrid working

JPMorgan Chase is summoning all staff back to the office, becoming the latest corporate giant to call time on era of remote and hybrid working sparked by the Covid-19 pandemic.

The US’s largest bank, which has some 316,000 employees worldwide, announced on Friday that all workers on hybrid work schedules will be required to return to the office five days a week from March.

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Visa-waiver system could overwhelm UK immigration services, law firm warns

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There are also fears electronic travel authorisation will threaten post-peace tourism sector in Northern Ireland

The UK Home Office’s already burdened immigration services could be overwhelmed this summer when a new visa-waiver system comes into force for European business travellers and tourists in April, a leading law firm has said.

There have also been fresh warnings that the electronic travel authorisation (ETA) requirements could threaten the post-peace tourism sector in Northern Ireland, with Americans and Europeans travelling to Dublin and beyond deciding not to bother crossing the border because of the red tape.

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UK music industry hails proposals to crack down on ticket touting

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Resale prices could be capped at 30% over face value, while resale websites face greater legal obligations

The price at which tickets for live events can be resold is to be capped under “gamechanging” proposals put forward by the government to crack down on touting in the sector.

In a move hailed by music industry figures, the culture minister, Lisa Nandy, has launched a consultation that she said would end the “misery” of fans being exploited by touts, some of whom have made huge profits by selling hundreds of tickets a year.

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Lego links up with TV hit Bluey for toy sets to be launched this year

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Partnership ‘a long time coming’ and is latest expansion of Australian-made animated series

The global hit children’s TV show Bluey is to make its Lego debut with the first sets due to hit shelves later this year.

The world of Bluey, which has proved such a small-screen hit a film is to be made for global release in 2027, is to be brought to life in plastic brick form with six sets to be revealed this spring before going on sale later this year.

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