British Gas owner Centrica on track to save around £100m thanks to restructuring and ‘fire and rehire’ scheme Centrica said 98% of British Gas engineers had agreed to sign new contracts Group said trading conditions have remained ‘tough’ Business electricity demand dropped by 15% in first quarter The number of boilers that it installed in … Read more
Heathrow Airport workers are to go on strike next month over a dispute about plans to ‘fire and rehire’ 4,000 employees on reduced pay packets. Members of Unite, the UK’s main aviation union, voted 85 per cent in favour of industrial action that will involve firefighters, engineers, campus security, baggage operations, operational and airside workers. The … Read more
British Airways are set to lay off thousands of cabin crew and then re-hire them on half pay as part of a huge restructure, a letter to staff has revealed. IAG chief executive Willie Walsh confirmed last week that consultations on 12,000 job cuts will still go ahead despite the Government extending its furlough scheme … Read more