Tag: face

Audi: More former car executives face ‘dieselgate’ charges

Image copyright Getty Images German prosecutors have filed fraud charges against three former board members and a retired senior employee at carmaker Audi. It is the latest legal development in the “dieselgate” scandal, in which companies and executives were alleged to have broken emissions rules. Audi is part of Volkswagen, which in 2015 admitted cheating emissions tests on 11 million… Read more →

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Coronavirus: Face coverings in shops, UK economy shrinks and winter wave

Here are five things you need to know about the coronavirus outbreak this Tuesday morning. We’ll have another update for you at 18:00 BST. 1. Masks move Face coverings will be mandatory in all shops and supermarkets in England from 24 July, bringing the country into line with Scotland. Children under 11 and those with certain disabilities will be exempt.… Read more →

Accountancy giants face revamp amid criticism

Image copyright Getty Images The UK’s biggest accountancy firms have been told to ring-fence their audit arms from their consultancy units by 2024 in a major shake-up of the sector. The Financial Reporting Council (FRC) has told the “Big Four” they must submit separation plans by October. It follows the collapse of several high-profile companies that had been approved by… Read more →

British Airways: Long-serving cabin crew face 20% pay cut

Image copyright Getty Images British Airways has told its longest-serving cabin crew they face a 20% cut in basic pay or they will lose their jobs. The move is the airline’s latest offer in ongoing consultations with Heathrow-based staff. In an email sent last night, British Airways said the aviation industry would look “very different” after the coronavirus pandemic. Under… Read more →

Coronavirus: Young people ‘face trap of world without work’

Image caption The study warns that the youth unemployment rate could spike in the autumn The economic damage of the coronavirus crisis will hit young workers hardest, an Ulster University study has suggested. It estimated that youth (ages 16-24) unemployment in Northern Ireland could jump from 8% to 26% in 2020. That compares to an estimated unemployment rate of about… Read more →

Coronavirus: Childcare providers face ‘catastrophic’ closures

Image copyright PA Media Nurseries and childcare providers are facing “catastrophic” closures due to the coronavirus pandemic. More than nine in 10 nurseries and day-care providers in Northern Ireland have had to shut since late March. MLAs on Stormont’s education committee were told that some may never be able to reopen. They were hearing evidence from representatives of nurseries, day-care… Read more →