Death of the checkout
Shop staff, who are predominantly women, argued they should not have been paid at lower rates than the predominantly male warehouse staff.The law firm has estimated that Next could now have to fork out £30million to cover backdated pay — sending the FTSE retailer’s share price dipping by 1 per cent.Next yesterday said it will appeal against the findings, and highlighted that the tribunal found “no conscious or sub-conscious gender influence in the way Next set pay rates”.
Sainsbury’s and Tesco’s shares also rose yesterday, suggesting investors had confidence that they would not immediately face a similar outcome. Leigh Day partner Elizabeth George said: “It is worth reminding people that the financial compensation that they will now be entitled to is not a windfall.Applied Nutrition
ARTS and craft chain Hobbycraft is changing hands after 14 years’ ownership by private equity firm Bridgepoint.
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