This week’s news in brief
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Fund manager sued
UK fund manager Schroders has been hit with a multi-million dollar lawsuit
by former top executive Sharon Haugh, 56, who lost her New York-based job in
May. Haugh, who had worked for Schroders for 20 years, claims chief executive
Michael Dobson sacked her "solely based on her age". Her lawsuit
claims Dobson said he "wanted someone younger". She also claims there
is a history of age discrimination at Schroders.
Retail SSC launched
The newly formed Sector Skills Council for the retail industry, Skill-smart,
has been officially launched and presented with a licence to operate. Minister
for Adult Skills Ivan Lewis awarded the licence to the new chairwoman, Belinda
Earl, chief executive of Debenhams. Skill-smart will focus on developing a
skilled and motivated workforce with productivity central to improving business
success in the sector. Â www.ssda.org.uk
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Xmas jobs boost
Tesco is recruiting 17,000 staff to deal with increased demand and ensure
its stores are fully stocked during the Christmas period. The supermarket chain
will employ 5,000 permanent staff to add to its current workforce of more than
200,000. It is also recruiting 12,000 seasonal staff to work at its 730
supermarkets. Â Â www.tesco.co.uk
