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World watches Britain’s ‘living wage’ experiment
Workers on the lowest wages will enjoy pay rises four times stronger than the average employee this year as a result of the national living wage, according to a top think tank. Analysis by the Resolution Foundation has revealed that the introduction of the NLW on Friday will result in the largest increases in minimum pay in history, after accounting for rising prices. Those working at the minimum wage will receive a 50p per hour boost to their pay by the end of this week as a result of the new government measure, which requires that employees aged 25 and over be paid at least £7.20 an hour from April 1.
UK companies look for loopholes around living wage
Britain’s employers are shifting to more flexible work contracts while cutting overtime, bonuses and other staff perks to mitigate the cost of the National Living Wage. High quality global journalism requires investment.
The changes, revealed by companies, lawyers and other experts, suggest some workers will not reap the full benefit of the new £7.20 an hour minimum wage for people aged 25 and over, which comes into effect on Friday.
The policy’s impact will be felt disproportionately by smaller companies since they employ 35 per cent of the adult workforce but 52 per cent of Britain’s minimum wage workers.
French state hits out at Peugeot Citroën CEO’s €5.2m pay
The French government has launched a broadside against the pay of PSA Peugeot Citroën chief executive Carlos Tavares, calling it “damaging” and revealing it had urged its representatives on the carmaker’s board to vote against the remuneration package. Mr Tavares saw his total remuneration reach €5.24m for 2015, including his fixed and variable salary and long-term incentives, nearly double the €2.75m received the previous year.
The Daily Telegraph
EU referendum has ‘distracted’ key ministers from the day job, warns Institute for Government
Key ministers have been “distracted” from their Government roles by the EU referendum, a think tank has warned.
The Institute for Government has warned there was a “real danger” that ministers had become “distracted” after the resignation of Iain Duncan Smith, the former Work and Pensions Secretary, against the backdrop of the referendum.
Civil servants have been left issuing hundreds of “priorities” because some ministers are “not really getting to grips” with Government business.
The Daily Mail
Volkswagen recalls e-Golf vehicles for battery fix
Embattled German automaker Volkswagen said Monday it is recalling about 5,200 VW e-Golf vehicles in the United States over a battery problem that can cause their electric engine to stall. Volkswagen Group of America, VW’s US unit, is recalling certain 2015-2016 model years of the e-Golf. The company said “oversensitive diagnostics” in the high-voltage battery management system may inadvertently classify an electric surge as a critical battery condition.
Drivers with diabetes ‘will no longer lose licences unfairly’
Drivers with diabetes will no longer lose their licences “unfairly” after changes to European driving laws, a charity has said. Diabetes UK has welcomed changes to the rules which previously saw a number of people with the condition lose their licence “unnecessarily”. It said that European laws introduced in 2011 meant that d rivers who treat their diabetes with insulin who have had one or more episodes of severe hypoglycaemia, known as “hypos”, could face losing their licences.
Maserati recalls nearly 21,000 cars in China over defect
Italian luxury car maker Maserati is recalling nearly 21,000 cars in China over a design defect that could increase the risk of a collision. The affected vehicles include the Quattroporte and Ghibli models made between March 2013 and December 2015, state-owned media said. China’s quality watchdog claims a design problem with the floor mat and accelerator could lead to the pedal getting stuck in the working position. Maserati will replace the pedals. Luxury car brands have seen sales suffer in China in recent years due to the slowing economy and a government crackdown on corruption and overt displays of wealth.
Volkswagen recall is third electric car call-back in a month
Volkswagen has recalled thousands of its e-Golf cars in the US citing a problem that could cause their motors to switch off while in use. It marks the third call-back of electric cars over recent weeks. Earlier this month, Nissan revealed it needed to reprogramme the software that controls its Leaf vehicles’ brakes. Days later, Renault said it needed to check and replace faulty brake hoses on its Zoe cars. The problems appear to be unrelated.