Food firms warn over government plan to make them pay for waste disposal

Food firms warn government plan to make them pay for litter picking and waste disposal will increase household meal bills by £125 a year Ministers are consulting on the plan to reduce litter and increase recycling  Firms would have to pay for cost of disposing the packaging they produce  Food and Drink Federation claimed the … Read more

FTSE firms ‘cannibalising’ accounts to boost shareholder dividends

Report warns Britain faces repeat of Carillion collapse because big companies ‘cannibalise’ balance sheets to boost dividends to shareholders By Adam Luck, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:23 EDT, 24 July 2021 Britain faces a repeat of the Carillion collapse because big companies have ‘cannibalised’ their balance sheets … Read more

Dozens of giant UK firms pledge to slash food waste by 30 PER CENT in a victory for MoS 

Dozens of Britain’s biggest supermarkets, restaurants and food manufacturers have pledged to slash their food waste by 30 per cent as part of a landmark environmental agreement, The Mail on Sunday can reveal. In a major boost for this newspaper’s War On Food Waste campaign, 47 of the country’s leading food companies have vowed to ramp … Read more

Dividend payouts by FTSE 100 firms set to rise for first time since 2018

Dividend payouts by FTSE 100 firms are forecast to rise for the first time in three years to nearly £77billion as companies start to recover from the pandemic. Many of the biggest UK-listed companies were forced to suspend or cut their dividend payments to conserve cash in the wake of the pandemic last year, including … Read more

Firms raise £615bn during the pandemic… but without stock market

British firms raise £615bn during the pandemic – but without stock market as majority want to avoid an IPO Nine out of ten firms said they had accessed new money during the pandemic Almost a third had drawn Government funds, while nearly half took bank loans More than 56% resorted to private equity funds, according … Read more

Salaries for entry-level associates top $200,000 at the world’s top law firms

Entry-level salaries at many law firms are topping $200,000, an increase for the first time in years, as they compete to retain talent after a year that has seen large profit increases – despite the pandemic –  in the industry.     New York-based firm Milbank LLP appeared to herald the latest round of raises for first-year … Read more

Record £9.4bn raised by firms listing on London’s stock market

Record £9.4bn raised by firms listing on London’s stock market so far this year By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 5 June 2021 | Updated: 21:50 BST, 5 June 2021 A record £9.4billion has been raised by firms listing on London’s stock market so far this year.  The London Stock Exchange … Read more

Uber and the GMB union announce ‘groundbreaking’ agreement to boost rights for the firm’s drivers

Ride-hailing giant Uber announced a ‘groundbreaking’ agreement with one of Britiain’s biggest trade unions to boost the rights of the firm’s drivers. Under the collective bargaining agreement, the GMB union will represent Uber’s 70,000 drivers in the UK in a move which could pave the way for a ‘fairer working life’ for millions of workers.  … Read more

Telecoms firms told to improve customer service by watchdog

Telecoms companies need to go further in tackling customer service problems, despite the support they offered during the pandemic, the industry watchdog says.  Ofcom’s warning comes after it revealed that customers waited an average of four minutes and nine seconds to get through to an adviser about their broadband and landline in 2020, an increase … Read more

Wave of cash from rich firms will turbocharge the recovery, says Chancellor Rishi Sunak 

Wave of cash from rich firms will turbocharge the recovery, says Chancellor Rishi Sunak By Tom Witherow and Lucy White For The Daily Mail Published: 23:38 BST, 4 May 2021 | Updated: 23:38 BST, 4 May 2021 Cash-rich companies and consumers will unleash a wave of spending to turbo-charge Britain’s recovery from the pandemic, the … Read more