The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDeliveroo Share News (ROO)

Share Price Information for Deliveroo (ROO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 144.70
Bid: 144.50
Ask: 144.70
Change: -0.90 (-0.62%)
Spread: 0.20 (0.138%)
Open: 146.80
High: 149.00
Low: 144.10
Prev. Close: 145.60
ROO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU lawmakers, countries agree on a bill on gig workers' rights

Wed, 13th Dec 2023 09:03

BRUSSELS, Dec 13 (Reuters) - European Union lawmakers provisionally agreed on Wednesday on a bill aimed at giving workers at online companies such as Uber and Deliveroo employee benefits, which if adopted would be a global first.

The new rules will prevent workers from being wrongfully classified as self-employed, and therefore not eligible for benefits, by introducing "presumption of employment".

Meeting two out of five indicators of control, or direction, will trigger the assumption the worker is employed by the company.

"Currently, at least 5.5 million persons performing platform work may be wrongly classified as self-employed ... and are missing out on important labour and social protection rights," the European Parliament said in a statement.

The rules were originally announced in late 2021 and if adopted will be a global first. They are part of a raft of legislation intended to ensure a level playing field between online and traditional businesses.

The proposals had been previously criticized by Delivery Platforms Europe, whose members are Bolt, Deliveroo, Delivery Hero, Glovo, Uber, and Wolt.

The rules will also reduce the use of algorithms in decision making, with human oversight required over issues such as the suspension of a worker's account, or dismissal. It will also give gig workers more insight into how algorithms used by online companies work and how their behaviour affects decisions taken by the systems.

Under the new rules, digital platforms will also be unable to trick the system by using employment intermediaries, as workers performing the service via an intermediary will need to benefit from the same level of protection as those employed directly.

The agreed text will now have to be formally adopted by the European Parliament and the Council to enter into force. (Reporting by Piotr Lipinski; Editing by Sharon Singleton)

More News
9 Feb 2023 14:52

Deliveroo to axe 350 roles as tech sector job cull continues - PA

(Alliance News) - Deliveroo PLC has said it plans to axe about 350 roles, amid a slowdown in the number of people ordering takeaways.

Read more
20 Jan 2023 09:25

LONDON BROKER RATINGS: Bank of America raises Asos, boohoo to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
19 Jan 2023 11:14

Deliveroo gets closer towards making profit in 2022 despite challenges

(Alliance News) - Deliveroo PLC on Thursday said it has delivered "significant" improvements toward profitability during 2022, despite a difficult consumer environment.

Read more
19 Jan 2023 09:05

LONDON MARKET OPEN: Commodity stocks drag FTSE 100; Dr Martens stomped

(Alliance News) - Stock prices in London opened lower on Thursday morning, with the FTSE 100 index weighed down by commodity stocks amid renewed fear of a global recession.

Read more
19 Jan 2023 07:53

LONDON BRIEFING: BHP says China to be "stabilising force" on demand

(Alliance News) - As market optimism faded that aggressive interest rate hikes by the world's central banks may soon come to an end, stocks in London were called to open lower on Thursday.

Read more
19 Jan 2023 07:44

Deliveroo breaks even in H2; sees FY above expectations

(Sharecast News) - UK fast food delivery platform Deliveroo said it broke even in the second half and would post better-than-expected earnings.

Read more
12 Jan 2023 15:47

UK earnings, trading statements calendar - next 7 days

Friday 13 January 
DFS Furniture PLCTrading Statement
MJ Gleeson PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Monday 16 January 
Ashmore Group PLCTrading Statement
Hercules Site Services PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Rio Tinto PLCTrading Statement
Tuesday 17 January 
Alliance Pharma PLCTrading Statement
Card Factory PLCTrading Statement
Crest Nicholson Holdings PLCFull Year Results
Experian PLCTrading Statement
Genel Energy PLCTrading Statement
Hays PLCTrading Statement
Henry Boot PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Ocado Group PLCTrading Statement
Petra Diamonds LtdTrading Statement
Ramsdens Holdings PLCFull Year Results
Safestore Holdings PLCFull Year Results
THG PLCTrading Statement
Wise PLCTrading Statement
Wednesday 18 January 
Associated British Foods PLCTrading Statement
Burberry Group PLCQ3 Results
Currys PLCTrading Statement
Diploma PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Gateley Holdings PLCTrading Statement
Ibstock PLCTrading Statement
Kenmare Resources PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Midwich Group PLCTrading Statement
Pearson PLCTrading Statement
Rathbones Group PLCTrading Statement
Vistry Group PLCTrading Statement
QinetiQ Group PLCTrading Statement
WH Smith PLCTrading Statement
Thursday 19 January 
AJ Bell PLCTrading Statement
Bakkavor Group PLCTrading Statement
BHP Group LtdTrading Statement
boohoo Group PLCTrading Statement
Centamin PLCTrading Statement
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
Energean PLCTrading Statement
Frontier Developments PLCHalf Year Results
Harbour Energy PLCTrading Statement
Headlam Group PLCTrading Statement
Ilika PLCHalf Year Results
Kier Group PLCTrading Statement
Luceco PLCTrading Statement
Network International Holdings PLCTrading Statement
Premier Foods PLCTrading Statement
Sage Group PLCTrading Statement
Zotefoams PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Jan 2023 09:48

LONDON BROKER RATINGS: Citi cuts Frontier Developments; BofA ups Sage

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
11 Jan 2023 07:59

LONDON BRIEFING: JD Sports and Sainsbury's sparkle during Christmas

(Alliance News) - London's FTSE 100 was set to open higher on Wednesday, amid relief that Federal Reserve Chair Jerome Powell didn't add to the hawkish tone of recent commentary by Fed officials.

Read more
6 Jan 2023 09:22

LONDON BROKER RATINGS: Credit Suisse cuts Next to 'underperform'

(Alliance News) - The following London-listed shares received analyst recommendations late Thursday and Friday morning:

Read more
2 Dec 2022 09:38

LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
18 Nov 2022 09:49

LONDON BROKER RATINGS: Goldman Sachs raises Tritax Big Box to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
16 Nov 2022 11:29

Deliveroo to end Australia operations as risks exceed rewards

(Alliance News) - Deliveroo PLC said on Wednesday it is ending its operations in Australia after deciding it could not reach a sustainable and profitable scale without "considerable financial investment".

Read more
16 Nov 2022 09:01

LONDON MARKET OPEN: Sterling firms after record UK inflation print

(Alliance News) - Stocks in London were mixed at the open on Wednesday, but the pound was getting support, following a hotter-than-expected inflation reading from the UK.

Read more
16 Nov 2022 08:02

Deliveroo quits Australia amid tough competition

(Sharecast News) - Food delivery firm Deliveroo said on Wednesday that it has ended its operations in Australia after it failed to keep up with competitors.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.