Tag: legal

Default retirement age to be scrapped from October 2011

Default retirement age to be scrapped from October 2011

A shake-up of the retirement system will see the default retirement age scrapped in the UK from October 2011. Under new Government proposals to be unveiled later today, employers will no longer have the legal right to terminate the employment of a 65-year-old. Charities such as Age UK and activists have welcomed the new proposals [...]

July 29, 2010 | 0 Comments More
BT strike ballot scrapped over “technical breaches”

BT strike ballot scrapped over “technical breaches”

The union which represents BT workers has announced a strike ballot has been scrapped due to a legal issue. The vote for strike action came as senior executives were awarded huge bonuses which angered staff. The Communication Workers Union (CWU) said it was balloting members in support of a 5% pay rise after what it [...]

July 6, 2010 | 0 Comments More
Budget 2010: Bank accounts for all

Budget 2010: Bank accounts for all

In yesterday’s Budget, Chancellor Alistair Darling said that every UK citizen will have the legal right to have a bank account. According to the Treasury’s Financial Inclusion taskforce, there are 1.75 million people in the UK that do not have a bank account. The taskforce said half of the 1.75 million come from the poorest [...]

March 25, 2010 | 0 Comments More
British Airways to take legal action to prevent Christmas strike

British Airways to take legal action to prevent Christmas strike

In a bid to prevent the 12-day strike planned by cabin crew over Christmas, British Airways (BA) is to take legal action to prevent what could cause misery for millions of passengers this festive season. The Unite union has called a walkout from December 22 to January 2 in a dispute over working conditions, jobs [...]

December 16, 2009 | 0 Comments More
Warnings of huge job losses among public sector and lawyers

Warnings of huge job losses among public sector and lawyers

The Chartered Institute of Personnel and Development (CIPD) has warned of significant job losses in the public sector over the next five years. According to the organisation, as many as 350,000 jobs could be lost within the sector between now and 2015 with chief economist, John Philpott, forecasting that the recession will bring “a bloodbath [...]

June 16, 2009 | 0 Comments More
2,000 jobs at risk as Corus considers Teesside plant closure

2,000 jobs at risk as Corus considers Teesside plant closure

Steel producer Corus may cut 2,000 jobs at its Teesside Cast Products plant after four international slab buyers, Marcegaglia, Dongkuk Steel Mills, Duferco Participations Holding and Alvory, have terminated a 10-year supply contract. As their main customers, the consortium have failed to fulfil their part of the contract which has been signed for ten years [...]

May 9, 2009 | 0 Comments More
New HIPs law will slow down house sales

New HIPs law will slow down house sales

New government legislation on Home Information Packs (HIPs) will cause home sellers ‘significant delays’ in getting their property to market, The Nottingham warned this week. The East Midlands-based building society warned that the new legal status of HIPs will make home-selling a ‘major logistical exercise’. From 6 April, all home sellers will be required to [...]

March 19, 2009 | 2 Comments More
New hope for SAMS mortgage holders

New hope for SAMS mortgage holders

Recent changes in the Consumer Credit Act 1974 mean that holders of Shared Appreciation Mortgages (SAMS) sold by HBOS and Barclays may be able to obtain compensation. SAMS were a form of equity release sold during the 1990s. They provided a loan secured against the future equity growth of a property. Under the arrangement, the [...]

October 1, 2008 | 0 Comments More