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 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.
The fees charged by the funds management industry are simply too high and
cannot be justified, a veteran international equities stock-picker has said.
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.
While reporting on farm animal welfare remains in its infancy, there are
signs that investor awareness of the business risks and opportunities is
growing.
Fossil fuel divestment has become a highly topical issue, notably for
investors with a public profile or an ethical quandary to manage.
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%
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.