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Date: 05/07/08 
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Inflation

Retail Prices Index

May 4.3%
April 4.2%
March 3.8%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to April 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.1%


Source:
Office of National Statistics

employee rewards & benefits news

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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>
Employees at Wal-Mart-owned supermarket Asda will be provided health and fitness advice, health checks and healthy food options in a three-week wellbeing drive at all of its stores. Find out more>
The Trade Union Congress (TUC) has stated that workplace stress needs to be tackled by more rigorous enforcement of Health and Safety Executive (HSE) management standards. Find out more>
A new survey has shown that over half of UK businesses are quite or completely unaware of the government's pension reform plans. Find out more>

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