Unions and ministers were last night locked in a battle of wills over explosive claims that a major car plant is on the brink of collapse. Britain’s biggest union Unite insisted that 6,000 jobs were in ‘imminent’ danger unless the Government offered an immediate cash subsidy. However, it refused to name the site and insiders said the union merely wanted to ‘frighten’ the Treasury into coming up with the cash. Many readers will share my childhood memories of piggy banks and those stiff-backed books which recorded our first savings, filled in by bank clerks using ink pots. We were taught thrift was a virtue, rewarded by interest. Low-fare carrier Ryanair plans to close its airport check-in desks by the end of the year and make passengers check in online to reduce costs. Up to 120,000 people marched through Dublin in an emotional and angry national demonstration over the Irish Government's handling of the economic crisis. Auditors found around 15 customers owed the financial institution more than £448m - but the bank believed these were supported by assets and personal guarantees.EDITOR'S SIX OF THE BEST
'imminent' UK car giant collapse and mass job losses sparks war of words between unions and ministers
Latest Financial News from This Is Money
VINCE CABLE: Let's make a virtue out of thrift again
Ryanair to abolish check-in desks in favour of online operation
120,000 people pack streets of Dublin in angry protest against government's handling of economic crisis
Anglo Irish Bank failed to keep tabs on high-risk borrowers, auditors find
Sunday, 22 February 2009
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