Tesco ‘threw former exec under bus’ over fraud claims, why staff are leaving the NHS, and more top news
The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.
Tesco’s former UK finance boss has hit out at the supermarket chain after being acquitted over a ￡250m accounting scandal. In September 2014, Tesco revealed it had overinflated its profits by ￡250m, wiping ￡1.5bn off the value of Tesco shares in one day. Two other former Tesco directors were acquitted in December after the prosecution case was labelled “weak” and thrown out. Speaking to the Times, Carl Rogberg accused the supermarket group of “throwing him under a bus”.
Poor work-life balance is the number one reason doctors and nurses are leaving the NHS, a LinkedIn survey has found. Of nearly 1,000 clinicians, only 25% of doctors and 41% of nurses and midwives feel like they have a high level of work-life balance. Nurses were twice as likely as doctors to say “opportunities for advancement” would improve retention. The NHS needs to hire thousands of healthcare professionals to meet the goals of the government’s ambitious Long Term Plan.
Sony is relocating its European headquarters from the UK to the Netherlands. The Japanese company says the move will help it to avoid customs issues and disruptions linked to Brexit, though stresses that none of its 900 UK employees will be affected. Rival Panasonic made a similar decision last August. Earlier this week, Dyson announced it is shifting its head office to Singapore. The Dutch government says that more than 250 companies have been in contact regarding a move to the Netherlands because of Brexit.
Facebook will introduce a new button to enable UK users to report scam adverts. In addition to the reporting tool, the social media giant said it would donate ￡3m to set up an anti-scam project with Citizens Advice, after settling a lawsuit from consumer finance journalist Martin Lewis. Last year, Lewis launched legal action against Facebook, after “thousands, possibly tens of thousands” of people fell victim to adverts misleadingly using his name and image.
John Lewis is to close its first shop in 13 years, putting 127 jobs at risk. The retailer said the decision to close the Knight & Lee department store, the smallest of the brand’s outlets, was due to specific factors and maintains it is not currently planning other store closures. Meanwhile, four more House of Fraser stores have been saved from closure after owner Sport Direct reached a last-minute deal with shopping centre giant Intu.
Also... Santander will close almost a fifth of its UK bank branches, in a bid to cut costs, putting 1,270 jobs at risk.
Idea of the Day: Work-life balance is not an either-or situation. You don’t have to make a trade-off, says Nathan SV, partner and chief talent officer at Deloitte India.
“If it’s peak season at work, you [need] to hunker down and put a shoulder to the wheel. But if it becomes a routine, be upfront about your personal requirements.”
What's your take on today’s stories? Share your thoughts in the comments.
LPN,Pharmacy technician at CVS Pharmacy for 1 and 1/2 years, now working with Comprehensive Healthcare and doing private duty with a patient 40 hours/ week!
5 年Interesting!!!!
Senior Planning Engineer
5 年That is terrible think how the bus driver felt after running over a top exec. They should be jailed for life for throwing this poor man under a bus. Think how his wife is feeling and the poor Kids, not forgetting the poor bus passengers having to see this poor guy under the bus
Consultant to Pet and Feed industry
5 年NHS staff have been fantastic to me since birth and even yesterday please do more to keep these loyal and committed employees