Wednesday, 18 December 2013

Capital Stewards: UNISON Latest Additions

Law Commission - “May trustees look at ESG factors? The answer is yes. I hope that is sufficiently clear,”

The Law Commission has found itself at the centre of the debate about the role of fiduciary duty in long-term investment and environmental, social and governance (ESG) factors.

Fiduciary Duty: What’s at stake in the ‘once in a lifetime’ UK legal review?

A review of fiduciary duty was one of the recommendations of the government-sponsored Kay Review into market short-termism.

American workers fast food strike!

Fast food workers went on strike in over 100 US cities on Thursday, demanding higher wages

Why corporate feminism is convenient for capitalism

Focusing on individual success stories is far easier than changing the way business operates – but doesn't actually improve women's working lives

RBS fined $100m for busting US sanctions in Iran and elsewhere

Royal Bank of Scotland has become mired in fresh controversy after being fined $100m (£60m) for breaching sanctions with Iran, Burma, Cuba and other countries.

Lloyds Banking Group fined record £28m in new mis-selling scandal

Former and current directors of Lloyds Banking Group could face having their bonuses clawed back, after the bailed-out bank was hit with a record £28m fine for putting staff under intense pressure to sell products customers did not want – or face demotion and pay cuts.

Wage rises outpaced by inflation for fifth year running, official data shows

The average pay rise improved to 2.2% – from 1.5% a year earlier – but still failed to match inflation at 2.4%