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...Half of those not working said that this was due to the impact of IR35 reforms in the private sector....
...Once Flow signs a confidentiality agreement, it could perform due diligence on the deal within two weeks, he added....
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
...A chunk of our population equivalent in size to Greater Manchester is not working due to ill health: this is a huge and avoidable cost....
...Wall Street firms could be at risk in the face of a $2tn “wall” of property debt coming due in the next three years....
...However, due to widespread hybrid working, “the weeks are not as long as they were and there is greater balance”....
...All of this means that the US economy (and global economy) could still be due for a recession driven by lay-offs and falling incomes at current interest rates....
...With the government now also working on contingency plans to nationalise Thames Water (which includes losses for those ringfenced bondholders), the WBS funding model is on shaky ground....
...EP’s working with JPMorgan Chase, Citigroup and BNP Paribas, while Royal Mail’s owner is working with Goldman Sachs, Bank of America and Barclays....
...It added that “further proposals” would be set out in due course....
...The CAA said it would wait for the findings of a final report by Halliwell, due later in the year, before addressing the issue....
...And many big Korean companies are now permitting more flexible working....
...Mathias Miedreich, chief executive of Umicore, told the FT that sales of Chinese electric cars were surging in contrast to the US due to better performance and affordability. Read the full interview....
...The European Central Bank has called attention to a similar post-pandemic decline in working hours in the eurozone, although it is not clear whether this was due to lifestyle changes or to companies hanging...
...“The government must postpone full implementation until October and start working with the food logistics industry for a system that genuinely works and mitigates even more confusion, disruption, and costs...
...A post-pandemic rise of 850,000 in the number of people not working due to long-term sickness was economically unsustainable, unaffordable and unfair on taxpayers, the prime minister said — as well as fuelling...
...Google is trying to move on from a setback in February, when it had to pause image generation in Gemini due to a furore over its inaccurate historical depiction of different ethnicities and genders....
...“Major banks have stopped working with Russian clients....
...A report would be sent to the public prosecutor in due course, the force added....
...The RSC team is working with Nesta, the UK’s social innovation agency, in part due to concern about extreme pressures on arts funding — we need to broaden the pool of people who understand the difference...
...An independent review commissioned by the UN has said that Israel has not substantiated allegations it made that staffers working for the body’s agency for Palestinian refugees were members of terror groups...
...This came as flights from Frankfurt were grounded on Thursday and Friday, due to strikes by German union Verdi after stalled negotiations for roughly 25,000 staff working at the airport....
...This article is an on-site version of the Working It newsletter. Sign up here to get the newsletter sent to your inbox every Wednesday. Hello and welcome to Working It....
...This week, he wrote another letter to the co-working group with a conditional offer of about $600mn for the company. Now, a new name has entered the mix....
...The Migration Advisory Committee, which advises the government on migration policy, is due shortly to review the graduate visa route as part of wider efforts to bring net migration down....
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