Video: Still the world’s best boss? Five years on, the CEO who set $70,000 minimum pay (France 24)
EU’s Gentiloni says ‘trust needs to be rebuilt’ between the UK and EU
“A degree of trust needs to be rebuilt” between the UK and EU, as Brexit negotiations on their future relationship near their endgame. That’s according to Paolo Gentiloni, the EU’s Commissioner for Economy and a former Italian prime minister. He tells FRANCE 24 why he believes a Brexit deal is still possible and how the EU is preparing in case of a “No Deal” scenario on January 1, 2021.
Covid-19 generation: Are French students being penalised by the pandemic?
This week, we take stock of how the Covid-19 crisis has affected higher education in France. Whether embarking on their studies, hoping to get crucial internships or graduating amid a historic recession, French students are facing a whole new learning curve. And while authorities have been calling on students to curb their enthusiasm in the name of the greater good, many are anxious to enjoy their new-found independence and let off steam, to the point that clandestine parties are now being blamed for the emergence of new virus clusters.
Former US diplomat Dennis Ross: Annexation of the West Bank ‘is off the table’
In an interview with FRANCE 24, Dennis Ross, a former top US adviser on the Middle East, reacted to the recent agreements signed between Israel, the UAE and Bahrain. Ross said he believes the two Gulf states did not betray the Palestinian cause but merely decided to pursue their own national interests. He stressed, however, that the UAE had obtained in return an Israeli decision not to annex the West Bank. He added that West Bank annexation was now “off the table” because both US President Donald Trump and his election challenger Joe Biden have endorsed that position.
Thousands of work coaches will be hired under a new government employment programme to help those who have lost their jobs during the pandemic, amid fresh warnings of an unemployment crisis as the furlough scheme ends.
The £238m job entry targeted support (Jets) scheme will help jobseekers who have been out of work for at least three months. It will be available to people receiving the “all work related requirements” universal credit payment, or the new style jobseeker’s allowance.
The Department for Work and Pensions says Jets will “ramp up support” to help people back to employment, with specialist advice on how to move into growing sectors, as well as CV and interview coaching. It is recruiting an additional 13,500 coaches to help deliver the programme.
The move comes as economists forecast a sharp increase in unemployment this winter, with employers such as Rolls-Royce, Marks & Spencer, Debenhams, Boots and John Lewis all announcing layoffs since the pandemic began. More than a third of businesses plan to cut jobs before the end of the year, a survey last week found.
The chancellor, Rishi Sunak, who will give a speech to the Conservative party conference on Monday, said: “Our unprecedented support has protected millions of livelihoods and businesses since the start of the pandemic, but I’ve always been clear that we can’t save every job.
“I’ve spoken about the damaging effects of being out of work, but through Jets we will provide fresh opportunities to those that have sadly lost their jobs, to ensure that nobody is left without hope.”
UK redundancies rose at the fastest rate since 2009 over the summer, with struggling companies laying off more than 150,000 staff in the May-July quarter. Nearly 700,000 workers have dropped from company payrolls since March, according to the latest statistics.
Jets is going live on Monday in counties in the north-east, north-west and south of England, and in Wales and south London. It will then be extended to central England, the home counties and the rest of London later in October, and in Scotland in early 2021.
The work and pensions secretary, Thérèse Coffey, said it could help more than 250,000 recently unemployed people back into work.
The government’s furlough scheme ends this month, and is replaced with a less generous wage subsidy programme to support companies which bring back workers on reduced hours.
The Labour party warns that nearly 500,000 furloughed workers live in parts of the UK that are under Covid-19 restrictions. Another 480,000 are living in towns or cities on the national watch list, meaning infections are worryingly high.
That includes 43,000 people in Birmingham, 19,400 in Durham and 11,500 in Bolton, according to Labour’s analysis. Ending the furlough scheme will create a “jobs cliff edge”, said the shadow chancellor, Anneliese Dodds.
“The government’s failure to get a functioning track, trace and isolate system working means large swathes of the country, including in the north and the Midlands, are now under additional restrictions and face a jobs cliff edge,” she said.
“Labour urged the chancellor to introduce a wage support scheme that incentivised employers to keep more staff on. However, he ignored these calls and now nearly 1m jobs are at risk when the furlough scheme ends in a few weeks’ time.”