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Search resuls for: "Paul Nowak"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTUC leader: Sunak is 'stretching credibility' in claiming credit for falling inflationPaul Nowak, general secretary of the Trades Union Congress, says U.K. Prime Minister Rishi Sunak is "stretching credibility" in claiming credit for falling inflation.
Persons: Sunak, Paul Nowak, Rishi Sunak Organizations: TUC, Trades Union Congress
Britain scraps cap on banker bonuses inherited from EU
  + stars: | 2023-10-24 | by ( Huw Jones | ) www.reuters.com   time to read: +4 min
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Oct 24 (Reuters) - Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling a clear divergence in post-Brexit financial rules from the 27-country bloc it left in 2020. The BoE and Financial Conduct Authority proposed scrapping the cap in a public consultation earlier this year, and its abolition was confirmed in final policy published on Tuesday. The TUC confederation of labour unions said the decision to scrap the bonus cap was "obscene". Law firm Linklaters said scrapping the cap puts Britain back into line with the rest of the world, apart from the EU, but it would continue to apply to staff working at EU banks in London who are regulated under the bloc's rules.
Persons: Hollie Adams, BoE, Suzanne Horne, Paul Hastings, Paul Nowak, Linklaters, David Milliken, Iain Withers, Barbara Lewis, Mark Potter, Jonathan Oatis Organizations: Bank of England, City of, REUTERS, European Union, Financial, Authority, London, Finance, TUC, Britain, Thomson Locations: City, City of London, Britain, EU, London, New York, United States, Asia
Can Plastic Recycling Ever Really Work?
  + stars: | 2023-09-01 | by ( Susan Shain | More About Susan Shain | ) www.nytimes.com   time to read: +2 min
The decision to revert the designation came after the Recycling Partnership, another industry-funded group, gave $6.7 million to recycling facilities to expand their acceptance and sorting of polypropylene.The group now estimates that more than half of recycling facilities in the United States accept and sort the material. Paul Nowak, the executive director of How2Recycle’s parent organization, sees this as a success story. The Environmental Protection Agency estimates that just 2.7 percent of polypropylene containers and packaging was reprocessed in 2018. While Keefe Harrison, chief executive of the Recycling Partnership, acknowledges that little polypropylene is being turned into new material right now, she argues that more investment in sorting and reprocessing facilities would improve the chances. Polypropylene recycling is at a “tipping point,” she said, noting that Oregon is considering including polypropylene on a forthcoming list of recyclable materials that municipalities are required to collect, sort and sell.
Persons: Paul Nowak, , Dell, Keefe Harrison, Matt Seaholm Organizations: Recycling Partnership, Environmental Protection Agency, Partnership, Recycling, Plastics Industry Association Locations: United States, Oregon
On Wednesday, about 300,000 teachers will take action, along with 100,000 civil servants from more than 120 government departments, and tens of thousands of university lecturers and rail workers. 'MOST DAYS LOST FOR 30 YEARS'Between June and November, more days were lost to industrial action than in any six months for over 30 years, according to official data. An Ipsos poll released on Wednesday suggested the public was divided on the multiple strike action, with 40% supporting the action and 38% opposed. It put the estimated impact of the teachers' strikes at about 20 million pounds a day. ($1 = 0.8130 pound)Reporting by Michael Holden, Alistair Smout and William Schomberg; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Elon Musk is a "perfect recruitment tool," for trade unions, a senior UK union boss told Politico. The number of Twitter staff joining one union has increased "tenfold" since Musk took over, Paul Nowak said. Musk has slashed Twitter's workforce and mandated long hours from remaining staff since his October takeover. "Elon Musk is a perfect recruitment tool for the trade union movement," the recently appointed head of Britain's Trade Union Congress, Paul Nowak, told Politico. If staff didn't sign up to his plan by the end of the day on November 17, they would be laid off.
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