3 February 2012
Royal Bank of Scotland's chairman has defended the near-£1m bonus awarded to its chief executive Stephen Hester by insisting he was doing a "great job" and paid less than his peers.
David Cameron faced calls for a judicial inquiry to hold bankers who caused the credit crunch to account, reported the Daily Mirror.
The Financial Times reported that Britain faces spending cuts “almost without historical or international precedent” over the next few years and, painful as the squeeze has been so far, it amounts to less than a 10th of what is planned by the 2016/17 fiscal year, according to the Institute for Fiscal Studies.
The RCM has accused David Cameron of breaking his promise to recruit more midwives, according to the UnionNews website.
A review of the tax affairs of top civil servants has been ordered by the chief secretary to the Treasury, reported the BBC website
The Guardian reported that the coalition has raised the stakes over its welfare bill by overturning seven key Lords amendments passed to soften the reforms, and taken the rare step to direct peers they have no constitutional right to challenge the Commons' decisions further.
There was solid support for a strike held on the day of the deadline for online self-assessment tax returns, reported the PCS website.
The Guardian reported that thousands of tax office workers were due to stage a 24-hour strike in a row over privatisation, leading to a delay in the deadline for filing tax returns.
The government's controversial reforms to public sector pensions may not save money in the long-term, according to a report from respected think tank the Institute for Fiscal Studies (IFS), reported the Huffington Post website.
Kevin Maguire in the Mirror wrote about an exhibition of posters at the People’s History Museum charting the history of British politics.
The Independent reported that the threat of a Commons vote on pay may have proved the final straw for RBS chief executive Stephen Hester
The BBC reported that criminals will only be able to claim compensation for being victims of crime in "exceptional circumstances", under proposals by the justice secretary.
NASUWT members have said the government’s “scandalous” heads of agreement document is set to “wreak a massive injustice to teachers”, reported the UnionNews website.
Threat of a Lords revolt has compelled the health secretary to change his NHS bill amid claims of 'sheer panic' in government over opposition, reported the Observer.
The Guardian interviewed PCS members on strike at the National Gallery about their dispute.
Michael Pooler reported for Red Pepper magazine on the struggle of cleaners in the heart of London’s financial district.
A group of more than 200 people blocked Oxford Circus and brought the surrounding area to a complete standstill, with traffic backlogs extending for several hundred yards.