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News archive

  • 10 Oct 2014
    A senior Deutsche Bank executive dismissed for allegedly making lewd references to female staff at the investment bank is now claiming unfair dismissal, stating that he was the victim of discrimination. Konrad Joy, the London-based chief operating officer of the bank’s global risk department until last year, claimed he was fired by the bank because of false accusations of “harassment”. Mr Joy, who earned £1.4 million in his final year, is asking for more than £20 million in compensation as well as his old job back. Deutsche Bank said Mr Joy’s claim was “ludicrous” and asked the London employment tribunal to dismiss the case.

  • 7 Oct 2014
    Business leaders have warned that a lack of formal work experience has left a generation of school leavers unprepared for the workplace. A BCC survey of almost 3,000 businesses found that 88 per cent of employers thought that school leavers were not adequately prepared for work, with three quarters blaming a lack of work experience. However, more than half of companies said that they did not offer work experience placements. Mandatory work experience was removed from the curriculum in 2011 by the Department for Education. Do you think it should return?

  • 3 Oct 2014
    According to a recent report, overqualified EU migrants have boosted the growth of companies employing them while bosses continue to grumble about the poor work ethic of Britons. One in five said that they employed EU migrants because they had a “better work ethic” or “motivation” than British people. The report, based on a survey of 1,000 employers, found that those employing EU migrant workers were more likely to report that their business had grown than those that did not.

  • 1 Oct 2014
    Sports Direct, the well known retailer, is facing legal action from 250 workers who were excluded from a multimillion-pound bonus scheme because they were on zero-hours contracts. Lawyers acting for the part-time staff, who have worked at the high street chain between April 2008 and August last year, are preparing to file multiple claims for breach of contract at the high court. The employees were excluded from a bonus scheme that paid out about £160m worth of shares to 2,000 "permanent" workers in 2013. The claims made by the workers could amount to a whopping £4m-plus bill for Sports Direct.

  • 19 Sep 2014
    Labour would make it easier for workers to take their bosses to an employment tribunal, it was announced yesterday by the shadow business secretary. Chuka Umunna said that if a Labour government was elected at the general election next year, it would slash employment tribunal fees, which had prevented low-paid workers from seeking redress in the workplace since they were introduced by the coalition government last year. Tribunal claims have fallen by four-fifths since the new fees were introduced. Claims relating to age discrimination and unfair dismissal as a result of pregnancy are both down by more than a quarter, while claims against breaches of the European working time directive have fallen by more than 90 per cent.