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  Harman warning on Goodwin pension
Date: March  01, 2009  

Harriet Harman has said former Royal Bank of Scotland (RBS) chief Sir Fred Goodwin should not "count on" keeping his full £650,000 a year pension.The deputy Labour leader described the pension settlement - agreed by the RBS board - as "money for nothing".The sum was unacceptable in "the court of public opinion," she told the BBC, and the governm
  PM: Royal Mail needs private cash
Date: February  28, 2009  

The prime minister has defended the government s plan to sell-off 30% of Royal Mail, saying it is the only way to safeguard the service.Gordon Brown told Labour s policy forum the service s huge pension deficit made outside investment imperative.On Thursday, the business secretary said the sell-off would guarantee post was delivered to every home i
  Mandelson raps mail union scare
Date: February  28, 2009  

Lord Mandelson has accused postal union leaders of using "scare tactics" in the row over government plans to part- privatise Royal Mail.In an interview with the Observer, the business secretary said union leaders were fighting an "ideological" battle that put pensions and jobs at risk.He warned Labour that it needed to show it can still pursue bold
  Brown renews banker pension plea
Date: February  27, 2009  

The prime minister is expected to renew his appeal for Sir Fred Goodwin to hand back part of his £16m pension at a meeting of Labour activists.Gordon Brown has threatened legal action against the ex-Royal Bank of Scotland (RBS) chief over his pay-out.He will also tell Labour s national policy forum in Bristol that more global banking regulation
  Brown vows to claw pension back
Date: February  27, 2009  
Gordon Brown has repeated his threat of legal action against ex-Royal Bank of Scotland chief Sir Fred Goodwin over his "unacceptable" £16m pension.The PM said he shared public "anger" at the size of the pension and was "considering every legal means at our disposal" to get some of it back.Sir Fred has rejected pleas to return it, claiming minist
  Darling faces RBS pension anger
Date: February  26, 2009  

Profile: Sir Fred GoodwinChancellor Alistair Darling has admitted the government could have stopped ex-RBS Sir Fred Goodwin from receiving a £650,000-a-year pension.But it did not realise this at the time when it agreed to pump £20bn of taxpayers money into the firm, he said.It thought 50-year-old Sir Fred s early retirement deal was "an unav
  Councils to reveal bosses pay
Date: February  26, 2009  

Councils in England will be forced to publish information on how much their chief executives earn under new legislation, the government has said.Local Government Minister John Healey said the "spiralling" pay of some council chiefs needed to be countered.But David Clark of the Society of Local Authority Chief Executives said that his members carrie
  Brazil priest suspended for views
Date: February  26, 2009  

By Gary DuffyBBC News, Sao PauloA Roman Catholic priest in Brazil who defended the use of contraceptives and the rights of homosexuals has been suspended by his local archbishop.Father Luiz Couto has been told he can resume his priestly duties in the north-eastern state of Paraiba if he publicly renounces his views. The priest is also a member of C
  RBS due to report record UK loss
Date: February  25, 2009  

The Royal Bank of Scotland (RBS) is expected to report the biggest annual loss in UK corporate history.RBS, which had to be bailed out by the government last November, has already warned that its 2008 losses may reach as high as £28bn.The BBC has learned that its ex-Chief Executive Sir Fred Goodwin has begun drawing his £650,000-a-year pensio
  Royal Mail sell-off details due
Date: February  25, 2009  

The full details of the government s controversial bill to part-privatise Royal Mail will be published later.But in a letter to the Guardian, the leaders of eight unions condemned the plans as damaging and unpopular.The legislation will propose selling a stake of about 30% in the Royal Mail, to help modernise the service, and offer support for its


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