Category: Grapple
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New sick pay rules risk dismissals as businesses grapple with Rayner’s reforms
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Angela Rayner’s proposed overhaul of workers’ rights could force employers to fire employees who fall ill for long periods, recruitment companies have warned, as companies face new cost burdens at a time when recruitment expenses are escalating. Under the government’s plans, employees will be able to claim Statutory Sick Pay…
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Australia, NZ dollars grapple with risk aversion as US growth fears weigh By Reuters
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SYDNEY (Reuters) – The Australian dollar held near three-month lows on Friday after weak U.S. data fueled fears of a sharp slowdown in the world’s largest economy, prompting investors to seek refuge in the safe-haven yen and Swiss franc. The single currency was steady at $0.6501, having fallen 0.5% overnight…
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Treasuries slip, dollar firm as markets grapple with US politics By Reuters
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By Wayne Cole SYDNEY (Reuters) – U.S. bond futures fell and the dollar rose on Monday as investors bet that the attack on U.S. presidential candidate Donald Trump would make his victory more likely while introducing a whole new level of political uncertainty into markets. A holiday in Japan led…