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Business News- Flights delayed across US amid air traffic controller shortages as shutdown drags on 01/11/2025Nearly 50% of 30 busiest airports facing absences as staff are forced to work without pay and shutdown hits 31st dayNearly 50% of the 30 busiest US airports faced shortages of air traffic controllers, the Federal Aviation Administration (FAA) said on Friday, leading to flight delays nationwide as a federal government shutdown hit its 31st […]
- Delivery firm DPD accused of ‘revenge’ sacking drivers who criticised pay cuts 01/11/2025Exclusive: Labour peer calls for change in the law after company terminates contracts of strike ‘ringleaders’The delivery firm DPD has been accused of “revenge” sackings after workers spoke out against a plan to cut thousands of pounds from their earnings, including their Christmas bonus.The company, which reported pre-tax profits of nearly £200m last year and […]
- The London consensus is a timely challenge to Trump’s isolationism | Phillip Inman 01/11/2025A debate on how to achieve fairer, greener growth could point the way to a successor for neoliberal capitalismWhat replaces neoliberal capitalism is a question at the forefront of Donald Trump’s mind every day.The US president has never much liked those elements of the Washington consensus that celebrate free markets and liberal trade, as we […]
- Rachel Reeves considers 20% tax on assets of people deciding to leave UK 01/11/2025Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countriesRich people quitting the UK could be required to pay a 20% tax on their business assets as part of plans reportedly being considered by the chancellor, Rachel Reeves.The Treasury has drawn up plans for a “settling-up charge” […]
- ‘You’re either poor or rich’: the Argentinians struggling under Milei’s chainsaw austerity 01/11/2025Despite falling inflation, a majority are failing to make ends meet as wages and purchasing power have nosedivedFrancisco Jiménez spends at least eight hours a day, seven days a week, riding through the streets of Buenos Aires as a delivery app rider, yet he still struggles to make ends meet.Next month, the 32-year-old will have […]
- Flights delayed across US amid air traffic controller shortages as shutdown drags on 01/11/2025