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Deal sees Post Office workers offered 9% pay rise and up to £3,000 lump sums

March 25, 2023 by www.independent.co.uk

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Post Office workers will vote on a deal their union said includes a 9% pay rise, “substantial” lump sum payments and additional benefits. After negotiations, an agreement has been reached to include the wage increase from April, lump sums of between £1,925-3,000 and benefits like an increase in paternity pay, the Communication Workers Union (CWU) said. The deal, endorsed by the union’s postal executive, will be put to a ballot of members. Post Office workers staged a series of strikes and other forms of industrial action last year. Recommended Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live CWU deputy general secretary Andy Furey said: “We would like to thank our Post Office members for their support … [Read more...] about Deal sees Post Office workers offered 9% pay rise and up to £3,000 lump sums

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Donald Trump, and the Sordid Tradition of Suppressing October Surprises

March 25, 2023 by www.nytimes.com

Secretive talks in the waning days of a campaign. Furtive phone calls. Ardent public denials. American history is full of October surprises — late revelations, sometimes engineered by an opponent, that shock the trajectory of a presidential election and that candidates dread. In 1880, a forged letter ostensibly written by James A. Garfield claimed he wanted more immigration from China, a position so unpopular it nearly cost him the election. Weeks before the 1940 election, Franklin D. Roosevelt’s press secretary kneed a Black police officer in the groin, just as the president was trying to woo skeptical Black voters. (Roosevelt’s response made history: He appointed the first Black general and created the Tuskegee Airmen.) But the scandal that has ensnared Donald J. Trump, the paying of hush money to a pornographic film star in 2016 , is in a rare class: an attempt not to bring to light an election-altering event, but to suppress one. The payoff to Stormy Daniels that has a … [Read more...] about Donald Trump, and the Sordid Tradition of Suppressing October Surprises

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Banks drag European markets lower amid Deutsche Bank woes

March 24, 2023 by www.independent.co.uk

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Banks suffered another poor session on Friday as Deutsche Bank became the latest financial firm to start putting traders on edge. Europe’s biggest markets all dropped in value as uncertainty once again rippled through. It came after particular worries about Deutsche Bank caused shares to drop by more than 14% before midday on Friday and credit default swaps – which are used by Deutsche’s bondholders as insurance should it fail – soared. Shares in the company reduced their losses slightly as investors suggested another Credit Suisse scenario was not of the horizon, but sentiment remained dented. Chris Beauchamp, chief market analyst at IG, said: “It looks like the banking crisis isn’t solved. Recommended Charity boss speaks out over ‘traumatic’ encounter with royal aide … [Read more...] about Banks drag European markets lower amid Deutsche Bank woes

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Foodbanks fear they will run out of supplies for hungry families as crisis bites

March 24, 2023 by www.mirror.co.uk

Nine in 10 foodbanks fear running out of supplies to hand to hungry families, a heartbreaking study revealed tonight. Seventy per cent of outlets said they were “extremely” or “very concerned” about their “ability to continue to support” those in need amid the cost-of-living crisis. Another 23% who responded to the SurveyMonkey study for the BanktheFood network were “somewhat concerned”. Some 97% of foodbanks which answered the poll reported surges in demand over the past 12 months as the living standards disaster crisis gripped Britain. The biggest increase was seen among working families with children aged under 12, with 26% of foodbanks reporting rises in demand from these households. The next biggest was from households with children under 12, in a home where no-one worked. Read More Foodbanks are struggling to keep up with demand ( Image: Getty Images) Three per cent of foodbanks said the biggest increase came from “working people in public services such … [Read more...] about Foodbanks fear they will run out of supplies for hungry families as crisis bites

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Retail consultant Mary Portas warns John Lewis it has ‘let go of the soul’

March 25, 2023 by www.independent.co.uk

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Retail consultant and broadcaster Mary Portas has sent an open letter to department store John Lewis warning that it has “let go of the soul”. Ms Portas published the letter on the networking site LinkedIn following the news John Lewis was considering ending its employee-owned business structure in order to attract investment. The retail giant has also recently warned of potential job cuts and told staff it would not hand out a bonus for only the second time since 1953. In her open letter, addressed to chairman Sharon White and chief executive Nish Kankiwala, Ms Portas wrote: “You are not simply chair and chief exec. You are custodians of one of the most valued, loved and trusted retail brands this country has.” Recommended Charity boss speaks out over ‘traumatic’ encounter with royal … [Read more...] about Retail consultant Mary Portas warns John Lewis it has ‘let go of the soul’

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Leaked Speech Excerpts Show a Hillary Clinton at Ease With Wall Street

October 8, 2016 by www.nytimes.com

In lucrative paid speeches that Hillary Clinton delivered to elite financial firms but refused to disclose to the public, she displayed an easy comfort with titans of business, embraced unfettered international trade and praised a budget-balancing plan that would have required cuts to Social Security, according to documents posted online Friday by WikiLeaks. The tone and language of the excerpts clash with the fiery liberal approach she used later in her bitter primary battle with Senator Bernie Sanders of Vermont and could have undermined her candidacy had they become public. Mrs. Clinton comes across less as a firebrand than as a technocrat at home with her powerful audience, willing to be critical of large financial institutions but more inclined to view them as partners in restoring the country’s economic health. In the excerpts from her paid speeches to financial institutions and corporate audiences, Mrs. Clinton said she dreamed of “open trade and open borders” throughout … [Read more...] about Leaked Speech Excerpts Show a Hillary Clinton at Ease With Wall Street

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