Staff at troubled IT recruiter Glotel have been offered share options in return for accepting a pay cut. But will this pioneering scheme save the company?
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E-business has entered the “new new economy”, according to software provider SAP. Hasso Plattner, its chief executive, told delegates at the group’s Sapphire user conference in Lisbon that it would focus on virtual exchange technology developed by SAPMarkets and e-market provider Commerce One.
The Office of Fair Trading (OFT) may be called in to monitor relations between supermarkets and their suppliers, according to the Competition Commission. If, following discussions with supermarkets this month, the commission decides that unreasonable charges or demands were being made on suppliers, codes of conduct may be drawn up.
Terry Pearce and David Pottruck
John Wiley, £16.95
Ford is recalling 6.5 million Firestone tyres fitted to its Explorer recreational vehicle in one of the largest product recalls ever seen in the car industry.
Five east London boroughs have joined ranks to buy stock for their public libraries. The newly formed London Libraries Consortium will have a spending power in the region of £2 million and the shared costs will include advertising, dealing with tenders and the purchasing of stock.