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"A major food-delivery platform is under fire after an investigative analysis of thousands of courier invoices found some riders paid as little as £2 per hour and that as many as a third of surveyed riders earned below the legal over-25 minimum of £8.72. The company is preparing an £8.8 billion London Stock Exchange flotation that would deliver large windfalls to major shareholders, even as it remains operationally loss-making by design—reducing labour costs by treating riders as self‑employed and therefore excluding minimum wages, pensions, and holiday pay. It has set aside about £112 million to cover legal costs from disputes over rider status, a risk flagged by some investors, while company spokespeople stress the appeal of flexible, self‑employed work and point to protections such as free insurance. Critics frame the situation as a broader fight for fair compensation and basic workers' rights amidst the rush to public markets." - Adam Coghlan
Food delivery platform facing scrutiny over rider pay and legal challenges