Monday, December 17News For London

Tag: business

Big Issue vendors hope contactless payment will bring social as well as financial inclusion

Big Issue vendors hope contactless payment will bring social as well as financial inclusion

Breaking News
With the rise of electronic payments across the UK and fewer people each month carrying cash on their person, public engagement with the homeless is lowest than it has ever been. Can contactless pay bring back the recognition Big Issue vendors are rapidly losing? The Big Issue has announced it will be trialling contactless payment systems in an effort to boost the income of its homeless vendors and mitigate the effects of a public consciousness that may be shifting away from the importance of giving to the homeless. The current affairs magazine has partnered with technology company iZettle for an 8-week trial across London, Bath, Birmingham, Bristol and Nottingham. If the plans are successful, they will be rolled out across the country. Buyers of the Big Issue will no longer ...
“Disgusting” office harassment: Ted Baker allegedly breaks the fantasy for fashion industry

“Disgusting” office harassment: Ted Baker allegedly breaks the fantasy for fashion industry

Breaking News, Business, Fashion, News, Social media
Staff working for the fashion brand, Ted Baker, have called an online petition to end the alleged harassment by the chief executive, Ray Kelvin, 62.  They argue that inappropriate behaviours such as “forced hugging” have become the workplace culture and human resources office left the harassment unchallenged.  The petition has been signed by more than 2,500 people, and everyone can sign it freely even if they work for other companies. As a result of that, shares in Ted Baker hit three-year low, falling almost 15 per cent by noon today.  “The owner regularly makes sexual innuendos at staff,” the petition claimed.  In response to this, the company said that “Ray greets many people he meets with a hug” and the practice was “absolutely not insisted upon.”  Ted Baker also add

Three investors may save Scunthorpe steel plants

ReportingWeek1
Three investors are rumoured to acquire Tata steel plants in Scunthorpe, securing jobs and revitalising the sector, according to the International Business Times. On Sunday, the Telegraph reported that Tata was neared to a deal to cede the plants. The falling in prices of steel over last few years forced the firm to cut jobs in Scunthorpe. According to IBTimes, Greybull, which rescued Monarch airlines last year, and Endless, owner of Crown Paints, are in tightened talk to acquire Tata presumably before Christmas or at the beginning of 2016. Earlier on Monday, speculations arose over the possible involvement of other two firms in the acquisition of Tata. However, the identity stayed mysterious for both. "All we know now," said Tony Gosling, steelworkers at Tata and trade u...