Reuters UK/EU

Virgin Orbit extends worker furlough, continues funding talks -CEO

By Joey Roulette (Reuters) – Billionaire Richard Branson’s cash-strapped Virgin Orbit Holdings will extend an unpaid furlough for most of its employees as talks seeking new funding continue, the company’s chief executive said in an email to employees on Monday. “Our investment discussions have been very dynamic over the past few days, they are ongoing, …

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Nearly three weeks of strikes continue to hit French refining

By Forrest Crellin PARIS (Reuters) – The industrial action against the French government’s pension reforms stretched into its 20th day on Monday, as at least six out of seven refineries in France were shut or functioning at reduced capacity and liquefied natural gas (LNG) terminals were blocked. Production has been shuttered at TotalEnergies’ Gonfreville refinery …

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Amazon loses bid to throw out case by UK drivers seeking worker rights

LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits brought by British delivery drivers seeking employment rights including the minimum wage and holiday pay. More than 1,400 drivers who deliver Amazon parcels are suing in a London employment tribunal, arguing they should be classed as employees rather than self-employed contractors. …

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BoE’s Bailey says rate-setters can put inflation before bank worries

By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Governor Andrew Bailey signalled on Monday that interest rate-setters would focus on fighting inflation and would not be swayed unduly by worries about the health of the global banking system. Some investors have argued that central banks should take into account the banking turmoil …

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UK welcomes Israeli PM Netanyahu’s move to pause judicial reform

LONDON (Reuters) – British Foreign Secretary James Cleverly praised Israel’s decision to pause legislation to reform its judiciary on Monday, emphasising the importance of “checks and balances” after widespread protests over the contested plans. “The UK welcomes the decision today by Prime Minister Benjamin Netanyahu to pause legislation to reform Israel’s judiciary,” Cleverly said in …

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Over 100,000 UK civil and public servants to strike in late April -union

LONDON (Reuters) – More than 100,000 British civil and public servants will join another all-out strike on April 28, in a long-running dispute with the government over pay, pensions, redundancy terms and job security, Britain’s Public and Commercial Services (PCS) union said on Monday. The union said 133,000 civil and public servants will take part …

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