Downing St aims to delay 48-hour work law
Article Abstract:
Warnings from employer organisations that many companies will be unable to meet new restrictions for a 48-hour working week by 1 October 1998, could result in the UK government delaying the new regulations. Some employer organisations believe the new rules could be introduced more effectively in April 1999 at the same time as the minimum wage. Although the Department of Trade & Industry is continuing to fight for the regulations to be passed by the end of the parliamentary recess on 19 October 1998, government ministers are seeking a delay until 1 January 1999.
Comment:
UK: Employer organizations warns that many firms will be unable to meet new restrictions for a 48-hour working week by 10/1/98
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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IN BRIEF: Minister's pledge to consumers
Article Abstract:
The minister for competition and consumer affairs, Mr Nigel Griffiths, is understood to be proposing measures to protect consumers from doorstep sellers. Mr Griffiths is proposing that the current regulations governing doorstop selling be amended to allow the consumer a cooling off period to consider the proposition before being forced to commit to a purchase. The traders will also have to inform consumers of their rights under the proposed changes and those that fail to do so could be charged a fine of up to GB 2,500. *
Comment:
UK: Mnister for competition & consumer affairs is understood to be proposing measures to protect consumers from doorstep sellers
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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ISA benchmarking 'misleading'
Article Abstract:
Inexperienced investors are likely to find the benchmarking system proposed by the UK government for Individual Savings Accounts (ISAs) misleading, the National Consumer Council (NCC) has warned. The Treasury has said it could benchmark those ISAs which it thinks are the best value and least complicated. The NCC also warns that tax benefits associated with ISAs will have little impact in encouraging low-income savers who do not pay tax anyway. *
Comment:
UK: Inexperienced investors are likely to find benchmarking system proposed by govt for Individual Savings Accounts misleading
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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