News / Dundee by Stephen Eighteen October 26, 2018, 9:54 am FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter A service has been amended for the benefit of Dundee schoolkids in a raft of bus timetable changes. Stagecoach has issued a list of changes to services in Dundee, Angus and Fife. Among these is a five-minute alteration to a service on the 39 between Arbroath and Perth via Dundee to suit the school finishing time at Harris Academy. The 42/42B between St Andrews and Dundee has also been retimed to improve reliability between Tayport and Dundee to improve reliability. The new timetables, beginning the week commencing Monday November 5, are listed in full below: Dundee & Angus area Service 30: Edzell – Brechin – Montrose – Arbroath Monday to Saturday off peak journeys are extended to serve Westway Retail Park and Elliot Industrial Estate, providing additional journey opportunities to Asda and … [Read more...] about Service amended for Dundee schoolkids as bus firm reveals raft of timetable changes
P r firms
All at sea Investors could lose more than $4 billion after the bankruptcy of shipping container leasing firm P&R. To make matters worse, prosecutors are now investigating how the company “mislaid” a million of its storage units. By Gertrud Hussla, Lars-Marten Nagel Published on May 18, 2018 4:50 pm Shipping containers. Typical ones are a standardized size of 40ft (12.2m) by 8ft by 8.5ft and have the name of the owner painted in enormous lettering on the side. So hard to miss. The question, then, is how do you lose a million of them? That’s what thousands of investors in the P&R Group have been left asking after the container leasing company went bankrupt and it emerged that it owned a million less containers than it had claimed. Some 54,000 investors are thought to be out of pocket as a result, with a total 0f more than $4 billion thought to have gone up in smoke. They had thought they were on to a good thing. P&R’s attraction was … [Read more...] about How did shipping firm P&R lose a million containers?
THE Gaucho Group has become the latest large company to make headlines for going into administration. The firm's 38 restaurants in the Cau and Gauco chains are faced with the potential loss of 1,500 jobs. Here's what calling in the administrators means... What does going into administration mean? When a company enters administration, all control is passed to an appointed administrator. The administrator must be a licensed insolvency practitioner. Their goal is to leverage the company's assets and business to repay creditors. Once the administrator has taken over, a moratorium is placed around the company and stops all legal actions. After the administrator takes over, there isn't much that can be done to reverse the process. Between April and June 2017, there were 337 administrations in the UK. What does going in liquidation mean? Liquidation is slightly different to administration. Where administration aims to help the company repay its debts, liquidation is the process of selling all … [Read more...] about What does going into administration mean and which UK companies have gone bust? From Gaucho and Toys R Us to Maplin
If you have been paid minimum or living wage for a job over the last seven years you could have been underpaid and now owed the difference. As many as 22,400 UK workers could be owed a share of the £1.44 million which has been underpaid. The Government have announced that some employers have paid their staff less than minimum wage between 2011 and this year for a range of reasons. If a member of staff took home less than the hourly minimum wage rate for their age, the employer will have to repay the amount that was not originally paid. The most common reasons why employers unpaid staff are: Deducting money for uniform Not paying travel costs Using the wrong time period to work out pay Underpaying apprentices Deducting more money than allowed for employees who live rent free. Business minister Andrew Griffiths said: "Our priority is making sure workers know their rights and are getting the pay they worked hard for. "Employers who don’t do the right thing face fines as well … [Read more...] about Revealed: These 239 firms have underpaid their staff
Workers who have been paid minimum wage between 2011 and this year could be owed a considerable amount of money from their employers in back pay, the Government announced. Employers who paid their staff minimum or living wage have been found to have underpaid employees in a number of ways. If a member of staff took home less than the hourly minimum wage rate for their age, due to any reason, the employer will have to repay the amount that was not originally paid. The most common reasons why employers unpaid staff are: Deducting money for uniform Not paying travel costs Using the wrong time period to work out pay Underpaying apprentices Deducting more money than allowed for employees who live rent free Business minister Andrew Griffiths said: "Our priority is making sure workers know their rights and are getting the pay they worked hard for. "Employers who don’t do the right thing face fines as well as being hit with the bill for backpay." Guilty employers will be collectively … [Read more...] about Government announce 239 firms which have underpaid staff