TÁNAISTE Mary Harney insisted yesterday that the IDA was close to finding a replacement plant for more than 300 Donegal workers who have lost their jobs.

More than 150,000 finance workers in Britain will start voting today on whether to move towards the creation of a “super union” for their industry.

MATTHEW BARRETT the Irishman who heads Britain’s Barclays bank is to see his annual pay package double to stg£3.9 million, it emerged yesterday.

Unifi Europe is to close its spinning operations in Letterkenny with the loss of 120 jobs.

The Royal Bank of Scotland has announced it has made £7.15bn (€10.6bn) in core profits in the last year.

Barclays today announced that it was the first bank to reach an agreement with the finance union, UNIFI, that created a framework for transferring jobs overseas.

HSBC Holdings, BT Group, Aviva and other companies who have cut costs by moving some jobs out of Britain will face an inquiry by lawmakers, according to trade union officials.

INTRODUCING performance-related pay in the civil and public service could increase the pay gap between men and women, a union leader has warned.

The Tanaiste says she is bitterly disappointed that 250 jobs are being lost in Co Donegal.

DESPITE its peripheral location, Letterkenny remains the fastest growing town in Europe over the past five years.

The Trade and Industry secretary has referred the proposed takeover of Abbey National by Lloyds TSB to the Competition Commission

Barclays bank in Britain is to close its life insurance division with the loss of 750 jobs as a result of a new partnership with Legal & General.