HSBC faces potential strike after further job cuts

The latest round of layoffs could be the last straw

HSBC’s three year cost-cutting plan has claimed 3,166 UK jobs. Following a similar cut this time last year the Unite union is considering a strike.

Unite's national officer, Dominic Hook has said: "Staff are at the end of their tether and we will be asking them in due course if they are prepared to take part in a strike ballot to oppose this unprecedented attack by this very profitable bank.".

According to HSBC the bank will create 2,017 new positions and expects to fill these with former employees, cutting the total loss to 1,149 positions.

HSBC's chief executive, Brian Robertson is “confident a significant majority will remain with the bank."

This is the newest round of cuts in the bank’s efforts to reduce its global workforce by 30,000 by the end of 2013. This still leaves HSBC as Europe’s biggest bank with over 47,000 employees.

We covered the cut of 2,200 jobs last year here

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Sarah Champion wants to un-resign and join Jeremy Corbyn's shadow cabinet again

The MP is understood to have emailed asking for her job back. 

Sarah Champion, MP for Rotherham, is to rejoin the shadow cabinet less than a month after her dramatic resignation. 

On 28 June, in the aftermath of Brexit, she tweeted: "I have just stepped down from my shadow minister job, but not my responsibilities to my constituents, party or victims of abuse."

Now, she has reportedly emailed Jeremy Corbyn's team to request an un-resignation from her position as shadow minister for preventing abuse. 

According to the Guido Fawkes blog, she wrote: "I would like to formally retract my resignation and ask to be reinstated to my role as Shadow Home Office minister for preventing abuse and domestic violence with immediate effect."

Unsurprisingly, perhaps, given their staffing issues on the shadow cabinet, the Corbyn team is understood to be welcoming her back. 

Shadow chancellor John McDonnell has repeatedly urged ex-shadow cabinet MPs to come back. On 1 July he said: "Wouldn't it be better if people came back and worked with us?"

And on Sunday, he alarmed weekend TV viewers by turning straight to camera and telling the nation: "We've got to stop this now."