Labour to Establish Fair Work Agency with Power to Prosecute Rogue Employers, Says Angela Rayner

Labour's deputy leader, Angela Rayner, has announced plans to establish a new watchdog with significant enforcement powers to protect workers' rights. The proposed Fair Work Agency will have the authority to inspect workplaces and impose fines on employers who violate labor laws. Rayner emphasized the need for a watchdog with "real teeth" to crack down on rogue employers and ensure that workers are not being exploited. She expressed concern that many employees are currently being denied basic rights due to inadequate enforcement measures. The Fair Work Agency will play a crucial role in holding companies accountable for mistreating their workers. By giving the agency the power to prosecute and levy fines, Labour aims to strengthen workers' rights and create a more equitable and just workplace environment.

Boohoo investors seek £100m in damages after minimum wage scandal

Investors in Boohoo are pursuing over £100m in damages from the online fashion retailer following a significant drop in share price in 2020. Reports emerged alleging that Boohoo's suppliers in Leicester were exploiting workers by paying them as little as £3.50 per hour, which led to a sharp decline in the company's stock value. The share price plummeted by more than 40%, resulting in a loss of over £1.5bn in market capitalization. The investors are now seeking compensation for the financial losses they incurred due to the minimum wage scandal.