Union calls for a furlough scheme for JLR staff  – London Business News | Londonlovesbusiness.com

[ad_1] Unite union has referred to as for a furlough scheme for Jaguar Land Rover (JLR) workers who've been affected by the cyberattack. The union stated their members have been laid off work with both diminished or no pay and a few are being suggested to join common credit score....

Sadiq Khan calls for rethink on ‘fair funding’ for London boroughs

[ad_1] The Mayor's intervention got here at Metropolis Corridor query time and follows issues expressed by London's councils themselves Sir Sadiq Khan has warned the federal government that new plans to reform borough council funding could be a “false financial system”, undermining the capital and hampering efforts to advertise financial...

Pound slumps as BoE’s chief hawk calls for a double rate cut    – London Business News | Londonlovesbusiness.com

[ad_1] The Financial institution of England has reduce charges by 25bps, with two voting for a bigger 50bps transfer, as policymakers ponder an more and more stagflationary outlook for the British financial system. Progress has been revised down, to solely 0.75% in 2025, and inflation has been revised up, with...

Musk calls for ‘new election in Britain’ as most voters view Labour as ‘dishonest’ and ‘incompetent’ – London Business News | Londonlovesbusiness.com

[ad_1] The SpaceX chief Elon Musk has referred to as for a “new election in Britain” as most voters consider that Labour are “dishonest, incompetent” and unsuccessful” in keeping with a YouGov ballot. The YouGov ballot was commissioned by The Occasions and many of the voters predict Keir Starmer to...