Vince Cable

Large number of workers value jobs that don’t demand fixed hours: Vince Cable

Liberal Democrat Business Secretary Vince Cable has rejected the proposal to provide workers on zero-hours contracts with a legal right to a fixed-hours deal after twelve months with the same company/employer.

The Labour Party had proposed that people who are working under zero-hours contracts should be guaranteed a legal right to a fixed-hours contract with their employer after a year.

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Most workers on zero-hour contracts earn less than ‘living wage’: TUC

A majority of workers on zero-hour contracts earn less than the living wage, according to a fresh report by Trades Union Congress (TUC).

The TUC report, which surfaced ahead of release of official data, claimed that nearly three out of every five people (60 per cent) working on a zero-hours contract outside London are being paid less than the living wage of £7.65 per hour.

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MPs to interrogate Vince Cable over Royal Mail

Business Secretary Vince Cable is facing another bombardment of questions by fellow MPs over the controversial privatisation of 500-year-old Royal Mail.

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Govt. to force firms to list their true owners on public register

As part of its efforts to discourage tax evasion and money-laundering, the British Government will make it binding for companies to list their true owners on a public register.

Business Secretary Vince Cable said that forcing companies to list their true owners on a public register, which could be used by tax authorities, would help a lot in tackling the "darker" side of capitalism.

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Vince Cable Plans to Tackle Rogue Directors

Vince Cable the Business Secretary is going to get tough with the rouge directors and would make sure that 'toughest possible sanctions' are faced by then in case if any wrong doings. These reckless company directors might have to pay compensations to the victims for their enterprises having failed to keep up with the promises they made.

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