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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Bank behaviour ‘harming capitalism’

Category : World News

A business leaders’ group blasts the “unacceptable” levels of banker bonuses, saying it is hurting the reputation of capitalism itself.

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Ryder Cup plan ‘unacceptable’

Category : Business

Plans to recruit 1,800 volunteers to work at the Ryder Cup are branded “unacceptable” by the Scottish TUC.

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Rio Tinto chief executive resigns

Category : Business, World News

The chief executive of mining giant Rio Tinto resigns after the company writes down the value of its assets by an “unacceptable” $14bn.

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‘Unacceptable force’ used by G4S staff deporting pregnant woman

Category : Business

Disclosure in first report of prisons inspector on UK Border Agency’s ‘family-friendly’ Cedars unit near Gatwick

A pregnant woman in a wheelchair was tipped up and had her feet held by staff from G4S, the firm behind the Olympics security shambles, as she was forcibly removed from the country. The disclosure comes in the first report into conditions at a new centre designed to hold families facing deportation from the UK.

Nick Hardwick, the chief inspector of prisons, and his team made an unannounced inspection of Cedars, the UK Border Agency’s new pre-departure accommodation near Gatwick, where families are housed for the final 72 hours before they are removed from the UK.

Nick Clegg promised in the Liberal Democrats’ 2010 manifesto that he would put an end to the detention of children. Replacing the controversial Yarl’s Wood detention centre with Cedars was at the heart of the coalition’s family-friendly removal policy.

Hardwick said the unit is “an exceptional facility [which] has many practices which should be replicated in other areas of detention.”

“It is to the considerable credit of staff at Cedars that children held were, in general, happily occupied and that parents were able to concentrate on communication with solicitors, family and friends,” he added.

But inspectors also said unacceptable force was used when a pregnant woman was given a wheelchair in the departures area. When she resisted “substantial force” was used by G4S staff and the wheelchair “was tipped up with staff holding her feet”.

“At one point she slipped down from the chair and the risk of injury to the unborn child was significant,” the report said. “There is no safe way to use force against a pregnant woman, and to initiate it for the purpose of removal is to take an unacceptable risk.”

Inspectors also reported that although most work from family escort staff was commendable, they “observed unprofessional behaviour by an officer on a different escort in the hearing of children”.

The report also said that although “considerable efforts were made to avoid force at the point of removal, it had been used against six of the 39 families going through Cedars”.

Judith Dennis, policy officer at the Refugee Council, said: “The numbers of children in detention are increasing. The government acknowledged then how harmful this practice is for children, so why are they still continuing to do it?

“Amongst its praise for the new facility the report reveals the shocking use of ‘substantial force’ on a pregnant woman, which is completely unacceptable,” she added.

Cedars can accommodate up to nine families at a time in self-contained apartments, with a range of activities provided by Barnardo’s – which campaigns for an end to child detention – and G4S delivering security and facilities management.

Families are referred to Cedars on the advice of the Family Returns Panel, an independent body of child welfare experts. They stay for no more than 72 hours before their departure from the UK. With ministerial authority, this can be extended to one week.

French president says Peugeot layoffs are unacceptable – Los Angeles Times

Category : Stocks


Baltimore Sun
French president says Peugeot layoffs are unacceptable
Los Angeles Times
PARIS — President Francois Hollande on Saturday denounced a plan by carmaker PSA Peugeot-Citroen to cut 8000 jobs as unacceptable and said it must be renegotiated. The struggling French carmaker announced the cutbacks Thursday, along with its intention
France's Hollande vows to fight job cuts, graftReuters
Francois Hollande avoids fireworks over his private life during Bastille Day Telegraph.co.uk
France's Hollande Scolds Peugeot Over Job CutsWall Street Journal
New York Times

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Cameron: Bank crisis unacceptable

Category : World News

Prime Minister David Cameron has told the House of Commons that the crisis at Ulster Bank is unacceptable.

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MPs demand IT answers from RBS

Category : Business, World News

The chairman of the Treasury Committee brands the meltdown of RBS’s computer system “completely unacceptable” and demands an explanation from the bank.

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The FCC dismisses Liberty Media’s (LMCA) application for approval to take de facto control of Sirius XM (SIRI). Liberty, which owns preferred shares convertible into a 40% stake in SIRI, was unable to obtain the necessary passwords and other info…

Category : Stocks, World News

The FCC dismisses Liberty Media’s (LMCA) application for approval to take de facto control of Sirius XM

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Annan alarmed at Syria military action – Boston.com

Category : Stocks


Boston.com
Annan alarmed at Syria military action
Boston.com
This image made from amateur video released by the Shaam News Network and accessed Monday, April 23, 2012, purports to show covered bodies before a funeral in Hama, Syria. Rebels seeking to topple Syrian President Bashar Assad's regime launched three
Syria situation 'bleak', says AnnanThe Press Association
Annan: Syria resuming violence as monitors leaveCNN International
Situation in Syria is 'unacceptable' – Annaneuronews
Montreal Gazette
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Annan warns against use of force in Syria

Category : World News

Former UN secretary-general tasked with reaching peaceful resolution to crisis calls levels of violence “unacceptable”.

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