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GUARDIAN Thu, 02 Feb 2012 22:40:00 GMT
MPs criticise Network Rail directors for seeking large bonuses, and Labour leader says companies must show responsibility
Ed Miliband will broaden his attack on the coalition's divided Britain by calling a Commons vote next week to urge an end to the bonus culture.
MPs heaped abuse on senior directors of Network Rail for seeking large bonuses from a shareholders' meeting due next week, while on Friday profit figures for Barclays bank are due to be announced, potentially putting its chief executive, Bob Diamond,in the firing line.
The anti-business mood has been fuelled by reports that Network Rail's chief executive, Sir David Higgins, whose basic salary is £560,000, could be shortly awarded up to £336,000 on top in an annual bonus – plus a total of £2.8m over a five-year period. Similar bonuses are due be handed to board members in a reorganisation of the incentive structure.
Shadow ministers and Conservatives on Thursday called on transport secretary, Justine Greening, to......
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GUARDIAN Thu, 02 Feb 2012 21:00:00 GMT
David Cameron planning cabinet reshuffle if the CPS decide to charge the energy secretary over speeding penalty points
David Cameron has been making contingency plans for a limited cabinet reshuffle as the Crown Prosecution Service disclosed that it will announceon Friday whether it will charge the energy secretary, Chris Huhne, over allegations he avoided a speeding penalty.
Keir Starmer, the director of public prosecutions, will give his decision on Huhne, and his former wife, Vicky Pryce, in a televised announcement at 10am.
Huhne has let it be known that if he is prosecuted he will declare his innocence but resign his cabinet post to fight the case, admitting the battle to clear his name would be too much of a distraction to continue in office.
Nick Clegg, the Liberal Democrat leader, has made it clear his cabinet members must be seen to behave with the highest standards of probity.
Huhne was at a Lib Dem awayday in Eastbourne when he heard the news of the CPS........
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GUARDIAN Sun, 15 Jan 2012 00:09:01 GMT
From Smythson to Poundland, the exploitation of the young desperate for internships continues unabated
The Labour party has yet to pass judgment, but for many hard-working people the immediate reaction to the story of Cait Reilly, the 22-year-old geology graduate compelled to sweep floors for nothing at Poundland, must have been: where can I get one? References, obviously, essential.
Most domestic employers would not, I think, insist on geology – a Russell Group geography degree would do just as well – but let's not be picky. It would be a pleasure to have any pleasant, highly educated, preferably strong, young girl to assist with tidying and housework, knowing this will progress her career as choreographed by the government's "sector-based work academy".
Frustratingly for those of us hoping to mentor the young in this way, the free geology graduates are only being distributed at this time to larger, commercial partners such as Tesco and, of course, Poundland, where Ms Reilly....
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