In the last 10 years a total of £560 million has been paid in dividends from Arriva’s UK bus division to the parent company Deutsche Bahn. During that time bus workers in Arriva North West have contributed an estimated £60 million to the company’s bonanza profits.
Austerity
Chris Dillow: The persistence of fiscal stupidity
The United Kingdom continues its destructive policy of austerity under the guise of “Every household knows you cannot spend what you do not have”. As so many critics have pointed out, there were hundreds of […]
Geopolitics
The Kyiv Independent: Ukrainian forces retreat from 3 villages in Donetsk Oblast
Ukrainian troops have retreated west from the villages of Berdychi, Semenivka, and Novomykhailivka in Donetsk Oblast, the Commander-in-Chief of Ukraine’s Armed Forces Oleksandr Syrskyi said on April 28. This is further indication of the crumbling […]
Economics
ShareCast: Blackrock doubles Russian Polymetal stake as investors flee over sanctions
Private equity giant Blackrock has taken a punt on beleaguered Russian gold miner Polymetal, doubling its stake to just over 10% even as the stock takes a battering from sanctions imposed against Moscow. Read Here
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