Avanti West Coast train managers, represented by the RMT union, are set to strike for three days over the Christmas period due to disputes over rest day working arrangements. The walkouts are scheduled for 22, 23, and 29 December for the London to Scotland service, as the current arrangements are deemed “unacceptable” by the union. Despite accepting a 5% pay rise, a dispute remains over changes to working practices and talks over future pay, with the RMT general secretary citing unfair treatment compared to senior managers.
Full Article
Hong Kong records first rise in new listings since 2020, as Beijing's policy pivot refuels optimism
Hong Kong experienced a significant increase in listing activities this year, with more Chinese companies choosing the city for capital-raising and investors growing optimistic following Beijing's support for the offshore market. The Hong Kong stock exchange saw new listings rise for the first time in three years, raising a total of $10.65 billion across 63 deals, marking an increase of over 80% compared to the previous year. Despite signs of recovery, experts caution that sustained...
Read more