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Date: 28/08/08 
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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

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The job evaluation scheme of the NHS, Agenda for Change, was confirmed as unreliable in providing evidence of a job's previous value, it has emerged. Find out more>
High-street retailer Marks & Spencer (M&S) is planning to cut redundancy benefits for 60,000 staff, with the possibility of up to 25 per cent being wiped from the maximum claim, it has emerged. Find out more>
Pension credit rises will be wiped out by inflation, resulting in two million pensioners losing up to £100 this year, it has been claimed. Find out more>
19-Aug-08 [Pay and Reward]
Non-exec pay rises 'slow again'
A study published yesterday showed that pay rises for non-executive directors have "slowed again", it has emerged. Find out more>
19-Aug-08 [Pay and Reward]
Eurostar cleaners to strike over pay
Over 120 train cleaners employed by Eurostar are planning to strike over Bank Holiday Monday in order to secure London Living Wage (LLW), it has emerged. Find out more>
The Scottish National Party (SNP) has said that the British government is short-changing police by not making money available for nationwide pension revisions, it has emerged. Find out more>
After 28 years of "enforced family planning", China's ageing population is growing at a rate faster than any other country in the world, it has been reported. Find out more>
A report by the British Chambers of Commerce (BCC) has predicted a rise in unemployment of up to 300,000 over the next few months due to recession. Find out more>
15-Aug-08 [Europe, Middle East and Africa]
Romania could secure first private pensions deal
The end of the year could bring about the first acquisition in the private pensions market in Romania, a pension news website has reported. Find out more>
It was reported today that the American government has ordered bankrupt car part manufacturer, Delphi Corp, to pay $1.5 billion (£808 million) to its former parent company by the end of September. Find out more>

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