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KPMG UK
KPMG UK cancels foreign graduate job offers after tighter visa rules
...The decision highlights how Britain’s professional services industry is grappling with tighter rules concerning the hiring of overseas workers....
April 24, 2024
Labour Party UK
Angela Rayner hits back at Peter Mandelson over Labour’s worker rights pledges
...But Rayner told the FT that business needed to swallow their “misconceptions” and get on board with her proposals, which include a “fair pay agreement” in the social care sector, an end to “exploitative...
April 1, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Work & Careers
Quit-Tok: why young workers are refusing to leave their job quietly
...Gen Z workers in particular are posting videos of online calls in which they resign or are made redundant on social media sites such as TikTok as they wage a campaign of workplace transparency....
March 18, 2024
UK employment
Britain’s seasonal worker scheme leaves many migrants in debt, research finds
...Almost three-quarters of workers recruited through the Seasonal Worker Scheme, which allows UK growers to hire around 45,000 people a year on six-month visas, borrowed an average of more than £1,200 to come...
April 1, 2024
Steve Webb
It’s time to help the multi pension generation
...Our plan is that workplace pensions would be attached to a worker and go with them when they change job....
April 19, 2024
Chinese society
China’s ageing tech workers hit by ‘curse of 35’
...The curse of 35 is a source of major anxiety for tech workers....
April 23, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthUK employment
Labour’s worker rights shake-up leaves UK business on edge
...In a blizzard of further proposals he picked out the pledge to restore sectoral pay bargaining, initially through a pilot in social care, as potentially the most consequential....
February 26, 2024
Camilla Cavendish
Employment law is a minefield for bosses and workers
...The law should protect workers from exploitation....
April 19, 2024
Unhedged podcast17 min listen
Wall Street bets on Reddit
...Today on the show, we ask if Reddit is a withering social network riding irrational exuberance, or a prescient play on AI’s growing need for user-generated answers....
March 28, 2024
Artificial intelligence
Trust in AI to fix Japan’s worker shortage, says top recruiter
...Across Japan, companies are having to rethink their entire business models due to a shortage of workers....
March 18, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Wall Street’s average bonus fell 2% in 2023 to $176,000 per worker
...Wall Street bonuses fell slightly last year to an average of $176,000 per worker, their lowest level in four years, as elevated interest rates and a lack of deals weighed on financial industry profits....
March 19, 2024
Letter
Letter: America’s foreign worker influx is two-edged sword
...Is it possible the reason a large plurality of US workers is not happy with the economy is because they believe the benefits are accruing to immigrants, many of whom are undocumented?...
March 4, 2024
UK immigration
New UK worker visa rules to close system to employers in key shortage areas
...This will be true of roles recommended for inclusion on the list — including welders, bricklayers, workers in racing stables and health workers outside the NHS — and occupations that could be considered...
February 23, 2024
Letter
Letter: It’s manager inaction that induces worker apathy
From Jonny King, Tokyo, Japan
April 4, 2024
Labour Party UK
Keir Starmer seeks to reassure business over Labour’s worker rights pledges
...A “fair pay agreement” in the social care sector would also be the subject of a wide consultation. “There are some things you can’t do when you’re in opposition,” said another Labour official....
March 15, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
UK manufacturing
Alstom close to securing new train order for UK plant
...“While a considerable amount of work remains to conclude the negotiations and confirm the business case, I am confident . . . a solution is in sight,” Harper wrote in the letter posted on social media site...
April 16, 2024
National Health Service
Nearly one in 10 NHS staff sexually harassed at work
...This clause was dropped from the Worker Protection Act on the grounds that it placed excessive burdens on business....
March 7, 2024
Donald Trump
Donald Trump unlocks potential $3bn windfall after social media Spac deal
...TMTG is banking on Trump’s popularity among Republican voters translating into users for Truth Social....
March 22, 2024
Unions
VW workers in Tennessee vote to join union in win for US labour movement
...“Southern workers are ready to stand up and win a better life,” Kelcey Smith, a worker in the paint department at Volkswagen Chattanooga, said in a statement....
April 20, 2024
FT News Briefing podcast12 min listen
Trump’s Truth Social hits the Nasdaq
...Shares in Donald Trump’s social media business soared following its New York market debut, and Visa and Mastercard have agreed to cut their US transaction fees....
March 27, 2024
UK politics
UK borders watchdog says visa regime put care workers at risk
...The Home Office and Department of Health and Social Care had originally forecast that they would receive between 6,000 and 40,000 applications for the care worker visa route annually....
March 26, 2024
Special ReportWomen in Business
US unions woo female workers on gender pay gaps
...Their memberships, after dwindling to about one in 10 workers, are now on the rise again....
March 8, 2024
UK society
Quarter of UK children aged 5-7 own smartphones, regulator finds
...Among adults, about half of social media users said Facebook was their ‘main’ social media site or app, driven by its popularity among older users....
April 18, 2024
UK trade
UK-India trade deal talks hit impasse over social security payments
...India’s attempts to claw back social security payments worth tens of millions of pounds for its workers in the UK have become a sticking point in trade talks between the two countries....
February 10, 2024
Donald Trump
Donald Trump has $4.6bn stake in social media group after market debut
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
March 26, 2024

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