pay – Page 23
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News
City snapshot: Marston’s to cut up to 2,150 jobs amid new coronavirus restrictions
Pub and brewing company Marston’s is to cut 2,150 roles after the coronavirus lockdown and ongoing restrictions have had a “material” impact on its trading. Plus, new chairman at BAT, Domino’s Pizza sees sales uplift, Distil benefits from drinking at home and all the rest of the latest news from the City.
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News
Bidfood sheds 500 jobs and closes five depots as result of coronavirus
Bidfood has made in excess of 500 employees redundant
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News
City snapshot: Pret a Manger to cut 2,800 jobs amid coronavirus sales slump
Pret a Manger is to cut more than a third of its workforce in a bid to survive
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News
City snapshot: Ocado CFO Duncan Tatton-Brown to step down
Ocado CFO Duncan Tatton-Brown will step down from his role in November after eight years in the job. Plus, The Hut Group announces £4.5bn IPO, Delivery Hero makes $270m acquisition and all the rest of the latest news from the City.
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News
City snapshot: Ultimate Products returns furlough money as profits hold firm
Consumer goods group Ultimate Products has repaid all the money received during the pandemic under the government’s furlough scheme
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News
City snapshot: M&S to cut 7,000 jobs after Covid clothing and home sales slump
Marks & Spencer has announced it plans to cut around 7,000 roles over the next three months as a result of a “material shift in trade” due to the coronavirus outbreak. Plus, grocery growth slows as shopper behaviour returns back towards normal and all the rest latest news from the City.
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News
WH Smith to cut up to 1,500 jobs after coronavirus sales slump
The group said the costs associated with its restructure will be in the region of £15m-£19m
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News
Selfridges to cut 14% of workforce as coronavirus hits sales
The luxury retailer will make around 450 staff redundant in what group MD Anne Pitcher called the “toughest decision” it has ever had to make
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Analysis and Features
Will coronavirus put supermarket pay on a more equal footing?
Supermarkets have rewarded frontline staff with boosts to pay, while some have pruned back executive bonuses. Is the future more equitable?
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Analysis and Features
Guide for SMEs: what is the flexible furlough scheme and how do you use it?
To explain the new features of the flexible furlough scheme, and the key points of difference from the current one, we spoke to Cripps Pemberton Greenish senior associate Patrick Glencross
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News
City snapshot: Tesco faces shareholder revolt over pay
Tesco is likely to face shareholder revolt at its AGM of Friday over CEO Dave Lewis’ £6.4m pay package
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News
Vulnerable supermarket staff told to return to work or face losing pay
It is understood as many as 16,000 Tesco workers have been told they should return to work
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News
BP announces it is to pay real living wage to all UK retail staff
BP said the adoption of the RLW would represent, on average, a pay increase approaching 5% for its retail workers
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News
Lincolnshire Co-op challenged by Usdaw over staff welfare during coronavirus
The union has urged the mutual to end its ‘mean-spirited’ response to furloughed and self-isolating workers
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News
Post Office extends coronavirus payment measures for postmasters
The new payment includes those operating multiple branches and is generated from May’s trading
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News
Food & drink leaders and unions praise companies offering full pay for self-isolating staff
Measures recommended include ensuring effective and regular cleaning and disinfecting of factories
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News
Usdaw calls for ‘new deal’ for retail workers after crisis is over
The union is marking International Workers’ Day (1 May) by calling for what it said were millions of ’low-paid and undervalued’ workers to be treated more fairly
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News
Tesco to extend coronavirus bonus payments to frontline staff
The bonus is backdated to 6 March and will now run until Saturday 30 May
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Comment and Opinion
We must protect store workers – and pay them fairly
Predominantly female store-based staff are at increased risk, says Sophie Clarke, an associate at Harcus Sinclair UK
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News
Waitrose sees 8% sales hike as John Lewis faces slump
Chairman Sharon White is take a 20% pay cut on her £990,000 annual salary