Tag Archives: of
G4S warns of potential £57m loss over asylum-seeker housing deal
The private security giant G4S has warned its shareholders that it may lose £57m if the Home Office extends its contract to house destitute asylum seekers for a further two years. The warning came as its shares dropped by more than 10% after reporting a 40% fall in its pre-tax profits due to rising losses on a series of contracts Read More
Sports Direct’s Ashley warned of potential action over Parliament snub
Sports Direct (SPD.L) founder Mike Ashley has been told he could be in contempt of Parliament if he ignores a summons from MPs to answer questions about the treatment of workers at Britain’s biggest sportswear retailer. The chairman of Parliament’s Business, Innovation and Skills Committee, Iain Wright, said in a letter made public on Wednesday that Ashley had not responded Read More
More than a third of 8.4m BHS loan went to four directors
Guardian understands quartet from Retail Acquisitions Limited shared £3m days after buying struggling department store chain BHS could implement job cuts as part of effort to turn company fortunes around. Photograph: Dominic Lipinski/PA More than a third of an £8.4m loan taken out of BHS by its new owners in March last year went to four directors who were part Read More
Nicky Morgan: Education Secretary on the lack of female school heads and cross-dressing in the Commons
Liberal leaning: Nicky Morgan in Leicester Andrew Fox The Secretary of State for Education may be the mother of a school-age child, but she’s rather more nuanced than the working mum cliche. In fact, Nicky Morgan is hard to pin down. One moment it’s all a bit Middle England – family finances, children’s rugby and the school run. The next Read More
A Call for Better Awareness and Diagnosis of ADHD in Older Adults
Kathleen Orr, a 68-year-old clinical social worker, complains to her doctor that she struggles to remain focused, becomes easily distracted and has difficulty completing tasks at work and chores at home. After asking a few questions, her physician tells her that this is part of normal aging. Mary says, “But I’ve had this issue on-and-off my whole life.” The physician Read More
Selling off Network Rail power lines is ‘thin end of wedge’, says union
Network Rail’s hiring of KPMG to market its substations to global investors marks start of privatisation, says RMT’s Mick Cash A train leaves London King’s Cross station. Only the NHS procures more electricity than Network Rail in the UK. Photograph: Frank Baron for the Guardian Rail campaigners have denounced moves to potentially sell off Network Rail’s power assets as the Read More