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Date: 03/12/08 
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Inflation

Retail Prices Index

September 5.0%
August 4.8%
July 5.0%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to August 2008 (exc. bonuses)

Private Sector 3.6%
Public Sector 3.6%


Source:
Office of National Statistics

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27-Feb-08 11:10 [Americas]
Screenwriters vote in favour of new contract
Hollywood screenwriters have overwhelmingly voted in favour of approving the contract which has ended their dispute over pay and employee reward.

The Writer's Guild of America (WGA) has revealed that 93.6 per cent of its members vote in favour of the deal, after being on strike for 14 weeks.

Patrick Verrone, WGA west president, said that the contract is a "new beginning for writers in the digital age".

"It ensures that Guild members will be fairly compensated for the content they create for the internet, and it also covers the reuse on new media platforms of the work they have done in film since 1971 and in TV since 1977," he added.

The deal runs for three years until 2011 and puts to an end the worst dispute to affect the entertainment industry in the US in 20 years.

WGA was formed in 1933 and its members last went on strike in 1988.




New York's attorney-general Andrew Cuomo has urged executives of top companies to forgo their bonuses for the year, it has been revealed. Find out more>
The Argentinean government has announced its surprise plan to nationalise its private pension system, causing chaos in the country's financial market. Find out more>
In a move galvanised by fears over the future of pension plans, Americans have angrily demanded that lawmakers sort out the financial sector to prevent another stock market plunge. Find out more>

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