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Business

The latest published reporting in this category.

Finance

Poundland staff could be out of work for years if retailer collapses, founder says

Steve Smith calls on owners to accept proposed buyout as 12,000 staff face uncertain future in run-up to Christmas The founder of Poundland has warned that staff at the retailer could be out of work for “years” if it collapses, as he called on the owners of the troubled chain to accept a proposed buyout deal. Steve Smith, who set up the firm with a store in Burton upon Trent in 1990, said: “Once these jobs are lost, they are lost” from Britain’s struggling high streets. His warning comes as the chain’s 12,000 employees face uncertainty over their future in the run-up to Christmas. Continue rea

The Guardian
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Finance

UK job satisfaction at record low amid rising frustration over pay and flexible working

Resolution Foundation study finds workers are less willing to go ‘above and beyond for employers than a decade ago’ Job satisfaction among UK workers has dropped to a record low, according to a study that shows a growing frustration with employers over pay and flexible working. Analysis by the Resolution Foundation thinktank shows that a lack of flexible working, insecure jobs and a loss of independence have undermined how workers feel about their employment. Continue reading...

The Guardian
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Finance

Who is hacking Europe’s supermarket fridges and freezers, and why?

After a second apparent cyber-attack in weeks, we examine possible culprits and their motives Shop fridges and freezers across Europe hit by fresh suspected cyber-attack Supermarket fridges and freezers in seven European countries have malfunctioned, their thermostats remotely cranked up in some cases to 50C (122F). The EU has condemned what it said was “a deliberate attempt to disrupt our food supply chain and undermine consumers’ confidence in it”. Continue reading...

The Guardian
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