Chinese steelmakers question Platts pricing data on iron ore

Chinese doubt follows raids connected to alleged manipulation of oil marketsConcerns about the accuracy of benchmarks published by price reporting agencies (PRAs) has spread to the iron ore markets with Chinese steelmakers questioning the reliability of indices from Platts.The China Iron & Steel Association and one of its largest members, Jiangsu Shagang, believe benchmark numbers […]
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Thales wins MoD contract for servicing electronics of Royal Navy fleet

£600m deal for French firm, covering naval periscopes, sonars and surveillance gear, ‘safeguards 530 skilled jobs in UK’The Ministry of Defence has awarded a £600m contract to the French defence and security group Thales to service the electronic “eyes and ears” of the Royal Navy’s fleet of ships and submarines.The 10-year deal concerning maintenance of […]
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BT chief’s pay boosted by share price rise

Ian Livingston’s annual earnings have risen to £8.5m after a 50% rise in BT’s market value in the last yearBT chief executive Ian Livingston’s annual earnings have risen to £8.5m, boosted by a rise in the company’s share price which will also see 1,000 managers share windfall payouts averaging £120,000.Having overseen a 50% rise in […]
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DfID’s aid spend on contractors comes under scrutiny

UK aid watchdog gives development department green-amber rating, but NGOs concerned over private sector-led approachThe use of contractors to deliver UK aid is effective, but the arm’s-length relationship between the Department for International Development (DfID) and contractors, and a lack of strategic guidance on their use, reduces their effectiveness, an aid watchdog said in a […]
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Probation cannot be solved by a minister in a hurry | Editorial

Reforming probation is too important to be jeopardised by a rush to results for partisan political purposesTwo problems have haunted successive home and justice ministers. The first is that three fifths of prisoners who have served sentences of less than 12 months reoffend. Second, there’s no system of support for them on release, and these […]
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Letters: No justice in legal aid changes

Our criminal justice system is admired throughout the world – how many things can we now say that about? Chris Grayling’s proposal to give legal aid contracts to the lowest bidder, regardless of quality, and to introduce further swingeing cuts to rates will bring an end to this (Haulage firm bids for new legal aid […]
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Postal privatisation and the zero-hour workers’ nightmare | Paul Mills

I saw firsthand how introducing competition into the Royal Mail will create an army of low-paid workers in precarious jobs”TNT scum! How dare you set foot in the Post Office? Get the fuck out!”This was the hostile introduction I got on my first day working undercover as a TNT postman for Channel 4’s Dispatches investigation, […]
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Postal privatisation and the zero-hour workers’ nightmare | Paul Mills

I saw firsthand how introducing competition into the Royal Mail will create an army of low-paid workers in precarious jobs”TNT scum! How dare you set foot in the Post Office? Get the fuck out!”This was the hostile introduction I got on my first day working undercover as a TNT postman for Channel 4’s Dispatches investigation, […]
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LA Fitness drops add-on swimming charges for children

Gym chain agrees it broke the terms of its own contracts after investigation by ObserverGym chain LA Fitness has made major changes to its charges for members who wanted to take their children swimming after the Observer argued that it was breaching the terms of its own contracts.As of June, children under four will be […]
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Say hello to zero hours, kiss goodbye to workers’ rights | Tanya Gold

Our labour market looks more and more like The Apprentice: sixteen people chasing after every fantasy job goingAs this administration withers, The Apprentice seems darker, more prescient and metaphorical – a television game show where the first prize is a job. With Alan Sugar. (And the second prize is? Oh, forget it.) Sugar has been a cartoon villain in […]
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