27 August 2009 FSA: Tax 'Socially Useless' Banks - City banks should be hit with multi-billion pound taxes as much of what they do is 'socially useless', the head of Britain's financial watchdog said last night.  Read the FSA story here.

27 August 2009 New ACAS Code on Time Off for Trade  Union Duties Approved - The final draft of the Acas' revised Code of Practice on time off for trade union duties and activities has been approved by the Minister for Business. It will come into force once it received parliamentary approval. For more information and a copy of the proposed Code click here. 

26 August 2009 RBS Poised to Scale Back Pension Benefits for 62,000 Workers -  The Financial Times reports that RBS, the part-nationalised bank that controversially gave Sir Fred Goodwin, its former chief executive, a pension pot valued at £16m, is scaling back pension benefits for about 62,500 employees.  Read the full FT story here.

25 August 2009 Retirement Benefits Slashed at RBS - Unite the union has today described RBS's planned cuts to its pension scheme as a 'bodyblow' to its 60,000 staff. Read Unite's story here.

25 August 2009 More Cuts at Lloyds Means More Confusion and Uncertainty - Unite the Union has sharply criticised Lloyds Banks Group's (LGB) confused management style today (25th August) as the bank announces a further 200 job losses in its insurance arm. Read the full Unite story here.

21 August 2009 Chelsea BS hit by £41m fraud as finance chief quits - Chelsea BS has posted a £26m loss for their first half after a £41m mortgage fraud and its finance director has quit following the departure of its chief executive earlier this month. Read the full Chelsea BS story here.

21 August 2009 Tesco to create 800 new jobs in Scotland - Tesco has announced plans to create more than 800 new customer service jobs in Scotland to support its finance  operation. Read the full Tesco storry on the BBC website here.

21 August 2009 Finance Centre axes 100 jobs - Alliance & Leicester announce 100 job losses at its Mortgage Processing Centre in Wigan,  Nigel Cotgrove, National Office with the Communication Workers Union said "These job cuts are another blow to our hard working members and the economy in the North West ..." Read the full Alliance & Leicester job cut story here.

19 August 2009 Campaign for a High Pay Commission Gather Momentum - Compass the independent democratic left pressure group's campaign for a Commission into excessive pay gathers pace with support from Politicians, economists, academics and trade unionists. Read the full Compass Campaign story here.