Category: scraps
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BT scraps diversity targets from managers’ bonuses
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BT is preparing to remove the scales of diversity, fairness and integration (Dei) from the reward accounts for thousands of its medium managers, just weeks after its executive companies that tighten their comprehensive work that retracted their totalitarian obligations. Currently, up to 10 percent of the annual rewards of about…
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BT scraps diversity targets from managers’ bonuses
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BT is preparing to remove the scales of diversity, fairness and integration (Dei) from the reward accounts for thousands of its medium managers, just weeks after its executive companies that tighten their comprehensive work that retracted their totalitarian obligations. Currently, up to 10 percent of the annual rewards of about…
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…
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US appeals court scraps Biden tipped wages rule By Reuters
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By Nate Raymond (Reuters) – A U.S. appeals court on Friday rejected a rule adopted by President Joe Biden’s administration aimed at increasing wages for tipped workers, citing a recent U.S. Supreme Court ruling that limited the ability of federal agencies to issue regulations. A three-judge panel of the New…
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Reeves scraps winter fuel payments for 10M pensioners to fund public sector pay rise
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Rachel Reeves will scrap winter fuel payments for 10 million pensioners to help fund huge public sector pay rises. The Chancellor has announced plans to save £5.5bn this year, addressing a £22bn deficit in the public finances left by the previous government. Most of the savings will be used to…
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BT Scraps Digital Landline Switch Deadline Amid Vulnerability Concerns
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BT has significantly delayed its plans to switch customers from traditional copper-based landlines to internet-based services, following concerns about the impact on vulnerable individuals. It was initially scheduled to be completed by the end of 2025, but the switch has now been postponed until the end of January 2027. The…