11/11/2008
Want A Holiday? How About Three Years?
An Irish bank has unveiled plans to grant three years paid leave to some of its workers in order to deal with the looming recession.
Permanent TSB plans to offer staff an incentive payment of 50% of their annual salary for a two-year career break, or 75% of their annual salary for a three-year break. This has been capped at up to €20,000 for the two year break, or €35,000 for three years.
The scheme will be open to bank workers and according to the banks spokesman is part of their "flexible working environment policy".
The scheme aims to lower maintenance costs for banks during the recession in the hope that there will be improvements in two years.
(DW)
Permanent TSB plans to offer staff an incentive payment of 50% of their annual salary for a two-year career break, or 75% of their annual salary for a three-year break. This has been capped at up to €20,000 for the two year break, or €35,000 for three years.
The scheme will be open to bank workers and according to the banks spokesman is part of their "flexible working environment policy".
The scheme aims to lower maintenance costs for banks during the recession in the hope that there will be improvements in two years.
(DW)
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08 November 2002
Northern Bank posts record annual results
The annual results from the Northern Bank have revealed pre-tax profits of £111m up 13% on the previous corresponding year-end figures. The results include a £19.9m profit in relation to the disposal of subsidiary company Northern Bank Insurance Services to Wealth Management Europe Holdings another subsidiary of National Australia Bank.
Northern Bank posts record annual results
The annual results from the Northern Bank have revealed pre-tax profits of £111m up 13% on the previous corresponding year-end figures. The results include a £19.9m profit in relation to the disposal of subsidiary company Northern Bank Insurance Services to Wealth Management Europe Holdings another subsidiary of National Australia Bank.
25 October 2004
Pressurised workers need more bank holidays, says TUC
The government should create three new bank holidays to help overstretched workers spend more time with their families, according to the Trades Union Congress (TUC). As work-related stress costs the UK £4.4 billion a year, staff working excessive hours should expect a few extra days off to re-charge their batteries.
Pressurised workers need more bank holidays, says TUC
The government should create three new bank holidays to help overstretched workers spend more time with their families, according to the Trades Union Congress (TUC). As work-related stress costs the UK £4.4 billion a year, staff working excessive hours should expect a few extra days off to re-charge their batteries.
27 August 2010
'Economy Improving' Says Bank, Despite Downgrade
Ulster Bank has announced that improving exports and more consumer spending has led to an improving economy, despite yesterday's downgrading of Ireland's credit rating. Ulster Bank said today it was revising its forecasts for Irish economic growth in 2010 upwards, predicts average annual GDP growth of 1%, up from -0.5% previously.
'Economy Improving' Says Bank, Despite Downgrade
Ulster Bank has announced that improving exports and more consumer spending has led to an improving economy, despite yesterday's downgrading of Ireland's credit rating. Ulster Bank said today it was revising its forecasts for Irish economic growth in 2010 upwards, predicts average annual GDP growth of 1%, up from -0.5% previously.
04 August 2009
Northern Rock Rocked By Losses
A nationalised bank funded by huge amounts of taxpayers' money has reported a loss of £724.2m for the first six months of 2009. Northern Rock's losses accelerated when compared with a loss of £585.4m in the first half of last year. In stark contrast to the news yesterday that Barclay's pre-tax profits for the first six months of 2009 topped £2.
Northern Rock Rocked By Losses
A nationalised bank funded by huge amounts of taxpayers' money has reported a loss of £724.2m for the first six months of 2009. Northern Rock's losses accelerated when compared with a loss of £585.4m in the first half of last year. In stark contrast to the news yesterday that Barclay's pre-tax profits for the first six months of 2009 topped £2.
07 March 2011
IMF Announce Interest Cut For Ireland
Despite an announcement to the contrary by the German Chancellor on Thursday, Ireland's bailout interest rate is set to decrease.
IMF Announce Interest Cut For Ireland
Despite an announcement to the contrary by the German Chancellor on Thursday, Ireland's bailout interest rate is set to decrease.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.