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Senior UK bankers will receive their bonuses years earlier under plans by the Bank of England to relax post-financial crisis restrictions. The proposals are to reduce the bonus deferral period for some of the most senior bankers from eight years to five. Less senior bankers would get their bonuses after …
Walmart, the world’s largest retailer, will phase out several diversity, equity and inclusion (DEI) initiatives in its workplaces, as far-right conservatives continue take aim at such programs. Among several sweeping changes, the company will no longer consider race and gender as a means to improve diversity when making offers to …
A man has been arrested on suspicion of criminal damage and dangerous driving after a tractor was driven through a flooded high street in Tenbury Wells in Worcestershire, causing damage to properties. West Mercia police said the 57-year-old man had been arrested and released on bail while inquiries continued. Insp …
The glass ceiling for women in top roles at FTSE 250 companies is still “stubbornly in place” according to the latest research, which found the number of women in executive director roles fell more than 10% in the past two years. While gender diversity overall is improving in boardrooms, as …
Macquarie Bank’s London branch has been fined £13m by the UK’s financial watchdog for “serious failings” that allowed one of its junior traders to record more than 400 fictitious trades over a period of 20 months. The Financial Conduct Authority saidthat Travis Klein, a trader based on the Australian investment …
Google is in trouble. Asmy colleague Dan Milmo reported, the US Department of Justice “has proposed a far-reaching overhaul of Google’s structure and business practices, including the sale of its Chrome browser, in a bid to end its monopoly on internet search”. The move follows a major court ruling last …
British consumers face paying more for car repairs and new kitchen kit after retailers Halfords and AO. com warned on Tuesday that the autumn budget had increased their costs. Halfords, the cycling and motoring retailer, which has more than 12, 000 employees, reported that the budget measures would add £23m …
Workers at a Whole Foods store in Philadelphia, Pennsylvania, havefiledto hold a union election, the first union filing at the supermarket chain since Amazonacquiredit in 2017. The union drive comes as Amazon has aggressively opposed unionization efforts and ischallengingthe constitutionality of the National Labor Relations Board (NLRB), the federal labor …
European companies were wondering whether they had dodged a harmful blow to their US sales after Donald Trump promised to slap trade tariffson Mexican, Canadian and Chinese goods in social media posts late on Monday. They could congratulate themselves for avoiding the incoming president’s gaze – so far – and …
The cases of five British men, held for years without a fair trial, are being highlighted as M Ps, families, and campaigners fight for their release and better help for all those arbitrarily detained abroad. Who are the five, and what has happened to them? Alaa Abd el-Fattah, Egypt Alaa …

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