Category: Business

According to the RMT, the Government “contractually sets the negotiating parameters” of the 14 train operators, and is blocking them from making new concessions. The Rail Delivery Group, which represents the train operators affected, described the latest strikes “totally unnecessary”. Responding to RMT’s announcement, a Rail Delivery Group spokesman said: “We have now made three...

Germany’s Bayer AG says it expects to take a 2.5 billion euro ($2.8 billion; £2.2 billion) hit from slower demand for glyphosate-based products, including its controversial Roundup weed killer. The announcement came as the company lowered its outlook for the year. In total, it has shelled out more than $15bn (£11.7bn) to settle lawsuits alleging...

The bombing of a key Ukrainian port sent wheat prices to a five-month high. The attack on the Danube port of Reni comes a week after Russia withdrew from the Black Sea Grain Initiative, threatening global food supplies. 5 things to start your day with 1) Virgin Media O2 to cut 2,000 jobs | The...

Spotify is raising the price of its basic monthly subscription for the first time in its 15-year history as it comes under pressure to increase payments to the music industry. The streaming service will charge users £10.99 a month for its premium service, up from the £9.99 it has been at launch. The Swedish company...

What did the union bosses say? RMT general secretary Mick Lynch said the action would “close the pipe” and “show how important these workers are”. He said: “Transport for London’s (TfL) plans to cut 600 jobs and attack our members’ pensions are simply unacceptable. “We are aware that the Mayor of London, Sadiq Khan, has...

Schools broke up for the summer on Friday, causing an influx to the mainland at Dover, with more than 20,500 passengers processed at the port by mid-afternoon, while hundreds of thousands of people are expected to fly out of Heathrow and Gatwick. Millions of Britons could face travel disruption today as rail strikes continue on...

Thanks for joining us. Inflation fell last month, according to the Office for National Statistics. The consumer price index stood at 7.9% in June, up from 8.7% in May. 5 things to start your day with 1) Jaguar Land Rover chooses UK over Spain for battery gigafactory | UK wins race for leading battery plant...

Shelby says she was in “constant fear” while working at a McDonald’s restaurant. A toxic culture of sexual abuse, harassment, racism and mistreatment has been alleged by more than 100 current and former UK employees at McDonald’s stores. The BBC was told the workers, some as young as 17, were groped and molested almost routinely....

London Underground workers will strike for four consecutive days later this month as their long-running pay dispute shows no sign of ending. The Rail, Maritime and Transport (RMT) union announced the walkout last week as workers also fight for better pensions and conditions. The union said hundreds of jobs would be cut, affecting tube stations...

A motorist has accused Gateshead Council of “baiting” after she was fined for driving in a bus lane she says she was unable to avoid. Paula Spedding, who lives in Durham, says she had no idea she was entering the bus gate on High West Street in Gateshead town center as she claims it was...