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Article

29 Jul 2013

Author:
Martin Robinson, Daily Mail (UK)

Senior City analyst known as 'the Godfather of retail' wins age discrimination case after he was unfairly sacked at 55 [UK]

A City big-hitter nicknamed the 'Godfather of retail' could be handed a £1million payout because he was unfairly dismissed at 55, a tribunal has ruled. Expert analyst Tony Shiret also successfully argued he was the victim of age discrimination after banking giant Credit Suisse made him redundant in favour of younger staff…The bank 'vigorously denied' his claims but was found to have acted in a 'discriminatory and unfair way' when judging their former employee…A spokesman for the banking giant said: 'We are disappointed by the decision. Credit Suisse is an equal opportunities employer and does not condone discrimination on any basis. ‘…[W]e have decided to appeal.'