Nick Clegg today (February 13, 2012) insisted that all public-funded organisations must adopt remuneration systems that are “up to the highest standards”.
The UK’s biggest lender is taking back bonuses worth £2 million from 10 executives, including the former chief executive. Under par financial performance has prompted the move from Lloyds.
Four young people were accused of starting a fire which caused more than £1 million damage to an historic West Country home. The quartet did not enter pleas and only spoke to give their names, ages and addresses.
Unemployment in the UK soared by 48,000 to 2.67 million in the three months to December and the number of people claiming Jobseekers’ Allowance (JSA) rose to 1.6m according to the government’s statistics.
Newsnight reported that the head of the Student Loans Company was recruited on a two-year contract but retained the terms of his temporary employment, instead of being added to the payroll.
An industrial fire this morning closed off a section of the A40. The road this evening (January 31, 2012) has now reopened as the incident in Shepherds Bush has been brought under control, with no risk of it spreading.
A trade union leader has criticised the opposition’s stance on public sector pay cuts. Mark Serwotka, the head of the Public and Commercial Services union, said the Labour Party was “emulating the Tories” on many issues.
A council decided on an unusual method to finish a pruning process on its staff. Edinburgh City Council managed to choose four staff for redundancy through a performance-related decision, but then ground to a halt on picking the final trio.