Friday, 21 February 2014

Capital Stewards: UNISON Latest Additions

Men and women are no longer officially traded as goods, but…

The international slave trade he observed was abolished, but the issue of forced labour continues to this day and remains a significant risk for business. Men and women are no longer officially traded as goods, but situations of trafficked or otherwise compelled labour persist globally.

Qatar World Cup Workers’ Standards: no legal enforcement, no worker rights

Qatar Qatar’s new World Cup worker welfare standards do not deliver fundamental rights for workers and merely reinforce the discredited kafala system of employer control over workers.

Fund manager criticises "rip-off" fees

The fees charged by the funds management industry are simply too high and cannot be justified, a veteran international equities stock-picker has said.

Labour steals a march by revealing pension cap plan

If Labour wins the next election, she promises to implement a 0.5 per cent cap on annual pension charges and make it legal requirement for the public to seek independent financial advice before buying an annuity.

Farm animal welfare: revisiting the investment arguments

While reporting on farm animal welfare remains in its infancy, there are signs that investor awareness of the business risks and opportunities is growing.

The fossil fuel divestment/engagement question that isn’t going away for institutional finance

Fossil fuel divestment has become a highly topical issue, notably for investors with a public profile or an ethical quandary to manage.

Waitrose, Aldi and Lidl eat further into major supermarkets' market share 

Growth was led by discounters Aldi and Lidl, with sales up 32% and 17.2% respectively – while sales at independent frozen foods store Farm Foods rose 43.9%

Lloyds Banking Group chief António Horta-Osório gets £1.7m bonus

The bank reported a statutory profit of £415m – a loss of £802m after tax – after being rocked by a £3bn charge for PPI mis-selling. The bank admitted a week ago that its total bill for PPI mis-selling is now approaching £10bn. Lloyds reported a £606m loss a year ago.