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UK union calls for no work if temperature goes over 25°C

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2 years ago

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It’s getting hot in England and while the red warning for extreme heat is welcome news for sun-bakers and beach-goers, it’s not so swell for workers

Now a union has called for a legal limit on how hot it can be in a workplace.

The GMB union said workers should not have to contend with temperatures any higher than 25°C.

There is currently no law in the UK or Ireland which states any given temperature is too hot or cold to work.

But workplaces should ideally be at least 16C – or 13C if the job is mostly physical – according to the Health and Safety Executive.

A number of MPs recently backed a campaign for a legal upper limit of 30C in most workplaces – or 27C for those doing strenuous work.

The government does not have to respond to the backed campaign.

Workers are encouraged to focus on health and safety as per other health guidelines released during England’s red warning for extreme heat.

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U.S. Federal Reserve announce rate cut, show great confidence in economy

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8 hours ago

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September 19, 2024

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The Federal Reserve has delivered a big rate cut to boost the economy while inflation slows.

The central bank slashed interest rates by a half percentage point, hoping to protect the job market while inflation inches closer to its 2% goal.

Fed Chair Jerome Powell says the decision reflects growing confidence in balancing the economy’s growth with low inflation. #featured #trending

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Markets brace for potential 50-point fed rate cut

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2 days ago

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September 17, 2024

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Markets are anticipating a significant 50-point rate cut from the US Federal Reserve this week, leading to heightened focus on bond markets and key economic reports.

Financial markets are focused on a potential 50-point rate cut by the US Federal Reserve, as investors anticipate major shifts in economic policy.

The bond markets, already pricing in a borderline hard landing, reflect the expectation of a significant easing cycle over the next two years.

However, experts caution that the Fed could disappoint, as the current economic conditions differ from previous events such as the pandemic or credit crises. #featured #trending

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Bitcoin’s Q4 outlook: key factors and upcoming milestones

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3 days ago

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September 16, 2024

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Insights into market trends and critical events shaping Bitcoin’s performance

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, Caroline speaks with Matt Willemsen, Head of Research & Content at Collective Shift, about what could drive Bitcoin’s strong performance in Q4. They explore how the current market differs from past cycles, the ongoing Solana vs. Ethereum debate, and the role of project-specific conferences in market trends. Matt previews key Q4 events, including the Solana Breakpoint conference and upcoming altcoin milestones like Uniswap v4 and Polygon 2.0. #crypto corner

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