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DEBATE: Should the government compel firms to pay the London Living Wage?

debate: should the government compel firms to pay the london living wage?
Should the government tackle poverty by compelling firms in the capital to pay the London Living Wage? *Miriam Mirwitch, chair of London Young Labour, says YES.* With the cost of living soaring..
City A.M.

A sale is on the menu for Prezzo

ITALIAN restaurant chain Prezzo is being primed for a sale, as the casual dining sector struggles with a tougher trading environment. Sources told the Sunday Times that the brand’s private equity..
City A.M.

Videos for "National Living Wage"

News video: Harrods: Protest over waiters' tips at landmark London store

Harrods: Protest over waiters' tips at landmark London store 00:07

Saturday was a busy old day at Harrods – but for all the wrong reasons as far as the luxury department store is concerned. A protest outside the shop’s entrance brought together disgruntled..
Source: euronews (in English) -

 

Moss Bros battles rising costs to deliver profit rise

moss bros battles rising costs to deliver profit rise
Suit retailer Moss Bros unveiled a solid rise in sales and profits this morning, but warned that it is coming under intense pressure due to climbing costs. *The figures* For the six months to..
City A.M.

No love for Card Factory shares as profits decline

no love for card factory shares as profits decline
Shares in retailer Card Factory fell more than 18 per cent today after higher costs ripped into its half-year profits. Although revenue for the chain of greetings cards shops was up 6.1 per cent,..
City A.M.

MPs demand answers as more Hermes drivers claim to have been underpaid

mps demand answers as more hermes drivers claim to have been underpaid
MPs have written to delivery firm Hermes after it emerged that several retailers had been accused of underpaying delivery drivers. Earlier this month two select committee chairs wrote to Mike Ashley..
City A.M.

Byron expected to close more branches as it works through cost cutting plan

byron expected to close more branches as it works through cost cutting plan
Gourmet burger joint Byron has hired City advisers to work through a "cash management" plan that could include shutting underperforming branches, according to reports. The chain, which is owned by..
City A.M.

More bad news for casual dining sector as Comptoir Libanais losses widen

more bad news for casual dining sector as comptoir libanais losses widen
The UK's casual dining sector received more bad news this morning as the parent of Comptoir Libanais restaurants reported increased pre-tax losses.  It follows similar results and warnings from..
City A.M.

70 care worker jobs up for grabs at Derbyshire County Council

70 care worker jobs up for grabs at derbyshire county council
There are no zero-hour contracts and they pay above the National Living Wage
Derby Telegraph

British food and drink makers are gearing up for a post-Brexit export boom

british food and drink makers are gearing up for a post-brexit export boom
Britain's food and drink sector is gearing up for a post-Brexit boom as bosses look to increase exporting activity. More than two thirds (69 per cent) of food and drink producers said they were..
City A.M.

Park Plaza owner PPHE Hotel reports strong London growth

park plaza owner pphe hotel reports strong london growth
Hotelier PPHE reported a jump in revenue and profits for the six months to 30 June, with its London hotels leading the way. *The figures* The company reported a 27 per cent revenue increase to..
City A.M.

Convenience store job losses number 20,000 amid rising labour costs

convenience store job losses number 20,000 amid rising labour costs
Job losses in the convenience store sector numbered 20,000 last year, despite an increase in sales and investment by businesses. Over the past year, the number of jobs in local shops across the..
City A.M.

Poland's answer to H&M opens Oxford Street flagship at former BHS store

poland's answer to h&m opens oxford street flagship at former bhs store
Poland's answer to H&M is landing in the UK today with the opening of its flagship store where BHS once stood. Reserved, which is part of Polish retail group LPP, has hired Kate Moss to promote this..
City A.M.

Chiquito tell me what's wrong: Profits slide at Restaurant Group

chiquito tell me what's wrong: profits slide at restaurant group
It's been a "transitional year", Frankie & Benny's and Chiquito owner Restaurant Group said today, after it reported a slide in both revenues and profits. *The figures* Adjusted pre-tax profits..
City A.M.

Pizza Express turns around UK sales but looks abroad for extra toppings

pizza express turns around uk sales but looks abroad for extra toppings
Pizza Express' sales have returned to growth in the UK, but the company said today that it will be searching for growth opportunities abroad due to rising cost pressures. *The figures* For the 26..
City A.M.

Shop price deflation on non-food items hits a four-year low

shop price deflation on non-food items hits a four-year low
Price deflation on non-food items has hit a four-year low, suggesting cost pressures are starting to bite for fashion and furniture retailers. According to figures from the British Retail Consortium..
City A.M.

BCC sounds alarm over rising costs to business

bcc sounds alarm over rising costs to business
Businesses are feeling increasingly under pressure from a series of government initiatives, with four out of five British firms saying their costs have increased this year as a result.  Pensions..
City A.M.

Businesses report 'unsustainable' cost rises thanks to National Living Wage increase and Apprenticeship Levy

The minimum wage increased to £7.50 in April but remains below the living wage of £8.45 calculated by the Living Wage Foundation
Independent

Families failing to meet basic costs of raising children due to benefit cuts and rising inflation, report reveals

A couple on the National Living Wage now earns 13 per cent less than the amount needed to provide essentials for their child, the report calculated
Independent

Thousands could lose jobs in Wilko staff cuts - including Cambridgeshire workers

thousands could lose jobs in wilko staff cuts - including cambridgeshire workers
The high street value retailer said increased costs caused by the National Living Wage were partly to blame
Ely News Also reported by •Cambridge News

Many of lowest paid health workers still not getting National Living Wage

many of lowest paid health workers still not getting national living wage
Many of Northern Ireland's lowest paid health workers are still not getting the National Living Wage despite legislation being introduced in April.
Belfast Telegraph


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