|
24-Apr-08 11:15 [Pay and Reward]
Unions increase pressure on Brown
Trade unions have insisted that the prime minister Gordon Brown increases the public sector pay after he scrapped he 10p tax rate.
Mr Brown is also under heavy pressure from his own MPs for his controversial decision to abolish the tax rate.
Public and Commercial Services Union (PCS) general secretary Mark Serwotka said: "It is a disgrace that low paid civil and public servants, who have endured damaging job cuts, office closures and privatisation, are now seeing their living standards cut by below-inflation pay rises."
He added that on top of this, the scrapping of the 10p tax rate affects directly "many of the low paid civil and public sector workers who are our members".
The Association of British Insurers (ABI) has told of its agreement with the decision of the government to not introduce a higher contribution cap in the first year of personal accounts.
Find out more>
An independent pensions adviser has stated that the pension crisis has deteriorated in recent times, with private schemes being hit.
Find out more>
The Pension Protection Fund (PPF) has announced that it rescued a further four pension schemes during the month of September.
Find out more>
|
