One of the UK’s top fund managers is to boycott the stock market float of the meal delivery firm Deliveroo next month, amid growing disquiet in the City over the company’s treatment of delivery workers. Their workers have brought numerous cases as they try to secure basic employment rights, such as being paid the minimum wage or receiving holiday pay. “Until riders are classified as workers and given basic rights, Deliveroo will continue to face protests and challenges from these key workers,” Marshall said. Documents released before the Deliveroo IPO revealed that the firm had set aside more than £112m to cover potential legal costs relating to the employment status of its delivery riders. “Deliveroo riders are self-employed because this gives them the freedom to choose when and where to work.

Source: The Guardian March 24, 2021 09:02 UTC