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Date: 07/08/08 
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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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28-Apr-08 11:30 [Americas]
State pensions increase in Cuba
Cuban president Raul Castro has announced that the state pension paid to retirees is to be raised as are the wages of court employees.

The raise will see pensioners receive an increase of around £1 per month, raising their monthly pension to around £4.70, according to the BBC.

As well as pension increases, the government also announced that court workers would be given a raise, while workers in other sectors would have to wait their turn, it said in a state address.

"It is not possible right now to increase salaries of all sectors, because the country does not have the resources necessary. Increases will be granted by sector and priority, always after a rigorous evaluation of the economic and financial conditions," the statement said.

Social security benefits, the government said, will be in line with the island's average monthly wage.

There are approximately 2.16 million retirees in Cuba receiving the state pension.

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07-Aug-08 [Pay and Reward]
Scottish referees call off strike
The Scottish Premier League (SPL) will not be delayed this weekend after the division's referees were given a £225 pay rise per game, it has emerged. Find out more>
07-Aug-08 [Pay and Reward]
Underground staff in 24-hour strike
Workers on the Metropolitan Line of the London Underground have begun a 24-hour strike today in a dispute over staff transfers, it has been reported. Find out more>
New research from the Prudential has revealed that over one in three working-age adults have lost sleep over retirement worries, particularly in the face of a rising bills, higher house prices and a general sector slowdown. Find out more>

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