• Social contract demanded

  Unite, the trade union, is demanding a social contract for those working in the financial services industry.  Union members staged a protest outside Parliament to highlight the plight of low paid finance workers.  Derek Simpson, general secretary of Unite, demanded assurances that the financial lifeline granted to the major banks will also be used to protect the jobs and pensions of their workers.  He said that many communities in the UK were now dependent on the financial services sector.

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