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FT – Manchester businesses agree to ban zero-hours contracts

Summary:
Employers in city region sign charter aimed at improving wages and workers’ treatment Employers in Greater Manchester have agreed to ban zero-hours contracts and pay above the minimum wage as founder supporters of its “Good Employment Charter”, launching this week. A handful will sign the charter, the brainchild of Labour mayor Andy Burnham, with more than 60 pledging to do so soon. More than 100 companies are in talks to sign the charter. FT - Manchester businesses agree to ban zero-hours contracts

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Employers in city region sign charter aimed at improving wages and workers’ treatment


Employers in Greater Manchester have agreed to ban zero-hours contracts and pay above the minimum wage as founder supporters of its “Good Employment Charter”, launching this week.

A handful will sign the charter, the brainchild of Labour mayor Andy Burnham, with more than 60 pledging to do so soon. More than 100 companies are in talks to sign the charter.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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