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UK labour market unexpectedly strong as employment rises

Bloomberg The UK labour market displayed unexpected resilience in the three months through November as employment jumped and wage growth ticked higher. The number of people in work rose 102,000 to a record high, confounding market expectations that employment would fall. Basic pay growth quickened to 2.4 percent, the highest in almost a year, though it still lags well behind ...

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German manufacturers to defuse labour spat

Bloomberg Daimler AG, Siemens AG and other German manufacturers are under pressure to make concessions to employees as more disruptive walkouts loom in a contract dispute over wages and work hours. At talks, the IG Metall union is pushing employers to raise pay 6 percent and subsidise wages for workers reducing hours to care for kids or older family members. ...

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Google CEO open to paying more tax

Bloomberg Google is willing to pay more tax globally, Sundar Pichai, the CEO of the largest business unit of Alphabet Inc., said on Wednesday at the WEF in Davos, Switzerland. “We are happy to pay more tax, whatever the world agrees to,” Pichai said. But he said the question was where Google should pay it. Critics have accused large US ...

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