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Date: 08/08/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

employee rewards & benefits news

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12-Jun-08 [Pay and Reward]
UK retains 48 hour opt-out
The UK government has retained the opt-out deal that allows employees to work longer than 48 hours a week. Find out more>
11-Jun-08 [Pensions]
Pensioner poverty on the rise
Pensioner poverty is rising in the UK, according to figures newly released by the Department for Work and Pensions (DWP). Find out more>
11-Jun-08 [Pay and Reward]
Police lose high court action
The Police Federation, which represents officers in England and Wales, has failed in its attempt to overturn the home secretary's refusal to backdate a pay rise of 2.5 per cent. Find out more>
Thomson Reuters has announced that it is to cut 835 journalist jobs over the course of the next three years as part of an economy-drive aimed at saving $750 million (£380 million). Find out more>
10-Jun-08 [Europe, Middle East and Africa]
Spanish lorry drivers go on strike
Spanish lorry drivers have started indefinite industrial action over the rising price of diesel. Find out more>
10-Jun-08 [Pay and Reward]
Museum staff go on strike
Staff at the Museum of London have gone on strike to protest a two per cent two-year pay rise, it has emerged. Find out more>
Accounting firm Grant Thornton has rolled out a staff wellbeing week across all 30 of its UK offices. Find out more>
09-Jun-08 [Pay and Reward]
Public sector to lobby the government
Public servants are lobbying the government for better pay to keep in line with the cost of living and those working in the private sector. Find out more>
09-Jun-08 [Europe, Middle East and Africa]
Aegon looks to European pension funds
Investment company Aegon is looking to acquire a ten per cent market share in central and eastern Europe (CEE) by purchasing small pension funds. Find out more>
06-Jun-08 [Pensions]
Delta pension scheme buy-out
The Pension Insurance Corporation (PIC) has bought Delta Pension Plan's defined benefit scheme for a reported £600 million. Find out more>

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