Primark and Sports Direct have been ‘named and shamed’ by the Government for failing to pay the minimum wage to thousands of workers.
Tags: sports direct
Sports Direct has succumbed to shareholder pressure by agreeing to an independent review of its working practices and corporate governance.
Thousands of Sports Direct warehouse workers are set to receive back pay totaling roughly £1m after the retailer admitted breaking the law by not paying the national minimum wage.
Sports Direct’s policies of fining warehouse staff for being just one minute late and paying employees less than the minimum wage are “unacceptable”, founder Mike Ashley has told MPs.
Troubled firm Sports Direct has taken the stock market by surprise after issuing a profit warning. The company’s annual profits will be up to £40m lower than expected, something Sports Direct is blaming on tough trading on the high street and the warm weather in the run-up to Christmas.
Sports Direct has announced that it will now pay its staff more than the minimum wage, following a barrage of accusations from across the business world. The new pay rates will come into play in the next few days
Sports Direct shares went into a tailspin yesterday and tumbled to the bottom of the FTSE 100 as its shares tanked by 12pc after a slowdown in sales and a report by The Guardian exposing dubious working conditions at the company.
Investigations conducted by the BBC for its documentary series Inside Out have exposed a series of controversial agency imposed working regulations at Sports Direct.