Workers recognise the importance of unions in protecting their rights | Gregor Gall

Despite a rise in unemployment, union membership has also increased, reflecting the need for collective actionAgainst all the odds, union membership rose in Britain last year for the first time in a decade. According to the annual statistical report by the Department for Business, Innovation and Skills (BIS), membership for 2012 was 59,000 higher at […]
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Homelessness: BnB hoteliers doing very nicely, thank you

Faced with a £1m-and-rising hotels bill, a London council wants the law changed to reduce its obligations to homeless peopleSomewhere in West London the owners of a hotel are doing very well out of the housing crisis. This unnamed hotel charges the London borough of Hammersmith and Fulham £234,000 a year to put up homeless […]
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Syria and the Middle East: our greatest miscalculation since the rise of fascism | Simon Jenkins

By helping to destroy secular politics in the Middle East, the west has unleashed the Shia/Sunni conflict now tearing it apartThere could no more dreadful idea than to pour more armaments into the sectarian war now consuming Syria. Yet that is precisely what Britain’s coalition government wants to do. The foreign secretary, William Hague, seemed […]
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Lamprell takes the heat off by meeting in Dubai

The London-listed oil rig builder had a year to forget. But critics might find it hard to attend an AGM in the Gulf on a bank holidayIn an age where one or two shareholders have made occasional moves that might be portrayed as courageous, and posed the odd tricky question to company management, here is […]
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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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Nationwide results scarred by commercial property

The good part was the 56% rise in underlying profits to £475m – but a decent chunk of property-related losses from the retail sector and elsewhere are washing up at Nationwide’s doorNationwide is entitled to a boast or two. The building society had a decent crisis, maintaining capital strength and even helping up to mop […]
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Bank of Ireland reverses mortgage rate increase for 1,200 borrowers

Following a review, some of the 13,500 customers told to expect a rise in the cost of their loans have had a reprieveBank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.In […]
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Ryanair profits and customers rise

Low-cost airline saw annual profits rise by 13% but warned that the recession across much of Europe will dampen growth this yearLow-cost airline Ryanair saw annual profits rise by 13% but warned that the recession across much of Europe will dampen growth this year.The Dublin-based company, which operates on more than 1,600 routes, carried 79.3 […]
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UK unemployment starts to rise again

Number of people out of work increased 15,000 in the first quarter of the year as jobless rate pushed up to 7.8%Unemployment jumped and average wage rises dropped to their lowest rate on record in the three months to March, underlining concerns at the slow pace of the UK’s recovery.There was an increase in unemployment […]
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