Hints and tips:
...UK ministers committed to “taking action against company leaders who break the law” after the shipping company laid off 800 sailors in 2022 without giving any notice or conducting the usual consultation....
...P&O is exploring the changes as part of its restructuring plan that last March led to the sacking of about 800 sailors and caused a public outcry....
...The US equity market accounts for an “astonishing” 60.5 per cent of global stock market capitalisation, according to research by Elroy Dimson of the University of Cambridge and Paul Marsh and Mike Staunton...
...And — as a chart borrowed from Duncan Lamont at Schroders shows — the extent of concentration in the S&P 500 is not something investors are used to....
...The choice P&O faced, he added, was either to sack the sailors or “bring down the company”. “The decision [the P&O board] made was their decision . . ....
...Quantitative skills: Real Madrid strikes €360mn events deal for revamped stadium People: P&O Ferries sacks 800 sailors and halts crossings for days Business growth: Brompton to fold up London base as capital...
...Two sailors were rescued after being found adrift at sea and are receiving medical treatment ashore in Germany. Another was confirmed to have died....
...hundreds of sailors last year....
...Elroy Dimson, professor of finance at Cambridge university’s Judge Business School, has for several years co-authored the finance industry’s definitive almanac of global long-run asset return data, stretching...
...P&O said it was working hard to return to long-term profitability in what it described as a highly competitive market....
...Glittery drag queen Marsha P Johnson, Afro-Brazilian resistance fighter Zumbi dos Palmares and emperor Haile Selassie compete to hold court....
...The academics behind the study, Elroy Dimson, Paul Marsh and Mike Staunton, speculated that the underlying dynamic is that investors appear to routinely overpay for growth....
...(NY Mag) — The Credit Suisse/Elroy Dimson/Paul Marsh/MikeStaunton returns yearbook for 2023 (PDF) — Getting included in the S&P 500 leads to lots of awkward attention and deteriorating performance for...
...More on US-China tensions: Two US Navy sailors have been arrested and charged with passing sensitive military information to China in exchange for thousands of dollars in payments. 4....
...In March last year, the ferry operator sparked a public outcry by dismissing hundreds of sailors without any prior warning or consultation to hire international agency staff paid below the UK minimum wage...
...P&O Ferries is set to become the focus of a criminal investigation over its sacking of nearly 800 UK-based sailors with no notice last month....
...Specification: People: approaches to staffing Click to read the article below and then answer the questions: P&O Ferries sacks 800 sailors and halts crossings for days Explain the role of a trade union...
...cheaper agency staff on March 17.P&O replaced the sacked sailors with staff on more flexible contracts on an average of £5.50 per hour, well below the UK’s minimum wage but legal because the crew work offshore...
...P&O sparked public outcry in March when it dismissed hundreds of sailors without any prior warning or consultation. Many staff found out they were being made redundant via a video message....
...The crisis engulfing P&O Ferries deepened on Friday after UK authorities launched a criminal investigation into its sacking of nearly 800 UK-based sailors with no notice last month....
...The US S&P 500 had a rough 2022, for sure. But it is still up by more than 50 per cent in the past five years. No major European index can come close to that....
...UK passenger and freight shipping routes face days of disruption after P&O Ferries ordered its ships back to port in order to sack 800 sailors....
...The country is bad at enforcing its own labour laws, as the P&O debacle showed this year when the company sacked hundreds of sailors without any consultation in what lawyers call an “efficient breach” of...
...P&O Ferries sacks 800 sailors and halts crossings for days...
...P&O Ferries’ decision to sack 800 sailors in March without formal consultation was met with surprise and outrage by unions, MPs and Financial Times readers....
International Edition