The shares, which were sold for 390 pence in the IPO, rose as much as 9% on Thursday to a high of 274 pence, the highest level since April.īritain's opposition Labour Party said the decision was devastating for Deliveroo drivers, and the government should outlaw the company's "exploitative employment practices". The risk of legal challenges to its employment model was one reason that some major investors shunned Deliveroo's London listing in March. Shares in Deliveroo shot up 8.5 per cent today after Britains Court of Appeal ruled that its riders were self-employed, dismissing an appeal by the IWGB union against past judgements on their status. "Deliveroo's model offers the genuine flexibility that is only compatible with self-employment, providing riders with the work they tell us they value." On 16 February 2021, the Amsterdam Court of Appeal shed more light on the issue. That started a debate on whether the riders could actually be classified as self employed. "UK courts have now tested and upheld the self-employed status of Deliveroo riders four times," the spokesperson said. 'Deliveroo to appeal to Supreme Court after judges say riders are not freelancers'. In November 2017 Deliveroo decided to offer its food delivery workers which Deliveroo calls riders - agreements for services instead of employment agreements. It said the fact that Deliveroo's riders did not have an obligation to provide services personally was a material factor.Ī Deliveroo spokesperson said the verdict was an important milestone. In Thursday's unanimous 3-0 verdict, the Court of Appeal upheld the High Court's dismissal of a judicial review of that judgement. In February, Britain's Supreme Curt ruled that a group of Uber drivers were entitled to worker rights such as the minimum wage. Employment models across the "gig economy" have been challenged in courts around the world by unions and workers.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |