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UK's Labour says Tesco and Next shun local workers

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UK's Labour says Tesco and Next shun local workers

UK's Labour says Tesco and Next shun local workers
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UK's Labour says Tesco and Next shun local workers

by Wochit 1:03 mins

Britain's opposition Labour party is to accuse supermarket giant Tesco and clothing retailer Next of turning away British workers where possible to exploit cheaper migrant labour. Business Secretary Vince Cable said in an interview that Britain's largely state-owned Royal Bank of Scotland is unlikely to be reprivatized before 2018, Cable said"I don't think it would be sensible for the government to set a rigid timetable, but given where we start from, I think it is pretty unrealistic to think of RBS going back into private ownership this parliament or probably within five years," . After nine years in China, British supermarket firm Tesco is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China.

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