This week’s news in brief

NYC competition winner

The winner of the and Oracle competition is Catherine Hemmings, HR manager, customer solutions, at RAC Business Solutions. She won a weekend for two in New York, including a helicopter ride around Manhattan.

Abbey to cut 4,000 jobs

Banking group Abbey last week announced that it would cut 4,000 jobs this year, rather than the 3,000 expected at the time of its takeover by Banco Santander. The group blamed the cuts on the bank’s high cost-to-income ratio of 62% – some 20 percentage points higher than its high street rivals.

Campaign to beat stress

NHS Employers has launched a national campaign to help combat stress in the workplace. Director Steve Barnett said work-related stress was responsible for 30% of sickness absence in the NHS, costing the service between £300m and £400m per year.

Stressed staff gain weight

Overworked and stressed employees are more likely to put on weight, according to a new study from academics in Finland. The paper, Psychosocial Working Conditions and Weight Gain Among Employees, published by the University of Helsinki Department of Public Health, found that workers with bad working conditions or experiencing ‘burnout’ were more likely to eat unhealthily and not take exercise.

Pensions to stay in-house

On 3 May, we incorrectly reported that the BBC was planning to outsource its pension administration function. The department will in fact stay in-house in a new service delivery function. We are happy to set the record straight.

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