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....The RSA is also more optimistic about the potential of robots and artificial intelligence than US tech billionaire Elon Musk, who has said AI was “the scariest problem” and “our biggest existential threat” because, he predicts, they will be able to do everything better than humans. Research by the University of Oxford and Deloitte last year predicted more than 850,000 public sector jobs could be lost by 2030 through automation. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:34:36 AM
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....”. Members of the Green Finance Taskforce include the chief executive of the London Stock Exchange, a senior adviser to the Bank of England, representatives from Barclays, HSBC and Aviva, and representatives from the public sector and academia. ... [Read full article on Guardian ]
Monday 18th of September 2017 05:28:07 PM
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....Progress with Brussels might be difficult, but lifting the pay cap for Britain’s 5. 1 million public sector workers is a simple step Hammond could take at the budget on 22 November. ... [Read full article on Guardian ]
Sunday 17th of September 2017 01:38:31 PM
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Latest Finance News related to Public Sector

Robots 'could take 4m UK private sector jobs within 10 years' image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:34:36 AM
....The RSA is also more optimistic about the potential of robots and artificial intelligence than US tech billionaire Elon Musk, who has said AI was “the scariest problem” and “our biggest existential threat” because, he predicts, they will be able to do everything better than humans. Research by the University of Oxford and Deloitte last year predicted more than 850,000 public sector jobs could be lost by 2030 through automation. ...
Ministers launch group to help boost green business investment image
Source : Guardian [Read Article] Monday 18th of September 2017 05:28:07 PM
....”. Members of the Green Finance Taskforce include the chief executive of the London Stock Exchange, a senior adviser to the Bank of England, representatives from Barclays, HSBC and Aviva, and representatives from the public sector and academia. ...
'People want a family, a social life': the part-time working revolution image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
.... Once unpaid overtime is counted, one in four Londoners is working more than 48 hours a week, with finance workers and teachers among the professions hardest hit. Busy is becoming the new normal, with public sector redundancies and private sector cost-cutting leaving those still lucky enough to have jobs doubling up for those squeezed out. ...
Murdochs' Sky bid isn't the slam dunk it looked a month ago | Nils Pratley image
Source : Guardian [Read Article] Tuesday 12th of September 2017 08:00:31 PM
.... He still may not succeed in getting the deal blocked, but there is now genuine uncertainty in the air. Inflation has forced the government to lift the 1% annual cap on public sector pay from next year. ...
Hammond eases public sector pay cap, but the squeeze goes on image
Source : Guardian [Read Article] Tuesday 12th of September 2017 06:22:02 PM
. Philip Hammond’s re-emergence as a power in the cabinet can be seen clearly as the battle rages inside government over the thorny question of public sector pay. ...
No 10 faces backlash from Labour and unions over public sector pay cap lift image
Source : Guardian [Read Article] Tuesday 12th of September 2017 12:30:45 PM
. Theresa May’s government faces months of strife over public sector pay after a decision to lift the 1% annual cap on increases was met with derision from Labour and renewed threats of strikes by trade unions. ...
UK cost-of-living crisis grows as dearer imports push inflation to 2.9% image
Source : Guardian [Read Article] Tuesday 12th of September 2017 09:36:14 AM
....Women’s clothes were among the items to jump in price in August as the low value of the pound earlier this year pushed up the prices in sectors heavily dependent on imported goods. Labour and the Liberal Democrats said the spike in prices, equalling a four-year high in the consumer price index (CPI) reached in May this year, put pressure on Theresa May to immediately scrap the 1% pay cap for all public sector workers. ...
UK prices rising faster than wages as forecasters predict inflation at 2.8% image
Source : Guardian [Read Article] Monday 11th of September 2017 05:01:04 AM
....”. Union leaders will renew their calls for the government to lift the 1% pay cap on public sector workers, when they gather for the Trades Union Congress in Brighton. ...
To understand the UK's low-pay crisis, Mark Carney needs to get out more | Phillip Inman image
....The Bank swatted aside a dispute last week with low-paid staff that had become so toxic inside Threadneedle Street that even the pink-jacketed, top-hatted front-of-house greeters had joined their colleagues in the maintenance section and other blue-collar roles by downing tools. Carney had offered a 1% pay rise in line with the public sector pay cap. ...
Labour to force vote in Commons on scrapping public sector pay cap image
Source : Guardian [Read Article] Sunday 10th of September 2017 11:26:31 AM
NHS cuts and public sector pay: will there be a ‘winter of discontent’? image
Source : Guardian [Read Article] Saturday 9th of September 2017 08:30:17 PM
.... After years of austerity, voters’ patience was running out, and some positivity was needed. The MPs went away from the meeting convinced they had secured an end to the public sector pay cap that would mark a loosening of spending cuts that they could use to show their constituents that the government was listening. ...
UK insurance payouts to shrink after U-turn on lump sum formula image
Source : Guardian [Read Article] Thursday 7th of September 2017 05:13:47 PM
....The change appears small, but the mathematical implications for payouts can be very significant. When the new Ogden rate was imposed in February, insurers said the compensation figure for a brain injury on a 25-year-old could soar from £3m to £8m, and that the NHS and other parts of the public sector could face an extra £6bn bill. ...
Theresa May under growing pressure to lift public sector pay cap image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
. Theresa May is facing mounting pressure from unions and Labour to lift the public sector pay cap after a day of pointed criticisms, strike calls and demonstrations around Parliament. ...
Green spending could help rescue UK after debt crash | Letters image
Source : Guardian [Read Article] Monday 4th of September 2017 06:17:59 PM
.... The Green New Deal group showed the potential of such an approach in its proposal for a £50bn-a-year green infrastructure QE programme. This would pay to make the UK’s 28m dwellings and 2m commercial and public sector buildings super energy efficient, dramatically reducing energy bills, fuel poverty and greenhouse gas emissions. ...
Rupert Murdoch's proposed Sky takeover reaches endgame image
Source : Guardian [Read Article] Sunday 3rd of September 2017 01:29:22 PM
....The main reason for it taking so longer is the government’s insistence on a two-pronged inquiry featuring Ofcom first and then the CMA if called upon. But is the CMA really better qualified than Ofcom, the media regulator, to make a judgment on media plurality and broadcasting standards? How will the CMA, effectively a consumer body, make judgments about how people get their news and analyse a market that includes a dominant public sector organisation in the BBC?. ...
Private firms poised to make another £1bn from building NHS hospitals image
Source : Guardian [Read Article] Tuesday 29th of August 2017 11:01:11 PM
....4% – as in 2015, they will earn about £973m in real terms pre-tax profit over the next five years. Its report, PFI Profiting from Infirmaries, includes recommendations to renegotiate contracts or use public sector loans to buy them out, tax PFI companies to recoup some of the excess profits and cap the amount they can make. ...
Companies must reveal pay disparity between boss and workers image
Source : Guardian [Read Article] Monday 28th of August 2017 11:01:46 PM
....”. During the general election Jeremy Corbyn, the Labour leader, won support by focusing heavily on pay disparities, suggesting a possible pay cap that would limit the highest paid member of staff to 20 times the average worker for companies with public sector contracts. ...
Santorini's popularity soars but locals say it has hit saturation point image
Source : Guardian [Read Article] Monday 28th of August 2017 03:07:24 PM
....Nikolas Nomikos, who presides over Santorini’s 3,500-strong Trade Association, agrees. It’s a race against the clock with ports, police, garbage collectors and an overstretched public sector struggling to keep up. ...
Tories may compel firms to disclose gap between pay of CEOs and workers image
Source : Guardian [Read Article] Thursday 24th of August 2017 08:24:14 PM
.... Implementing it would represent a response to Labour. Jeremy Corbyn put tackling inequality at the heart of his general election campaign and aired a proposal for a pay cap that would limit the highest paid member of staff to 20 times the average worker for companies with public sector contracts. ...
'Growth is slowing in the UK, but picking up elsewhere' – experts debate Brexit data image
....The move of the public finances to positive territory for the first time in a decade was a brief respite that will not continue. For the year public sector net borrowing at £22. ...
UK public finances notch up first July surplus since 2002 image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 09:50:40 AM
....“While a struggling economy and higher interest debt payments look likely to hamper the public finances over the coming months, the chancellor does look to have a very good chance of having some wiggle room in November’s budget,” he said. However, Britain is still in the red for the current financial year, as public sector net borrowing excluding state-owned banks increased by £1. ...
Is it time for Labor to challenge the hands-off approach to industrial relations | Greg Jericho image
....The biggest drop has occurred in the retail trade sector, but it has occurred generally across all industries. There are 36% fewer EBAs in operation now than there were four years ago – and while there has been some drop in the public sector, overwhelmingly the decline has come from the private sector:. ...
UK pay growth picks up as unemployment rate falls again image
Source : Guardian [Read Article] Wednesday 16th of August 2017 08:36:46 AM
....While the private sector continues to take on more staff, ONS figures showed state employment had fallen to its lowest level since 1999. The number of public sector jobs in the three months to March stood at 5. ...
Department for Education pulls all Learndirect contracts and funding image
Source : Guardian [Read Article] Tuesday 15th of August 2017 07:03:32 PM
....Lloyds Development Capital, the private equity arm of Lloyds Bank, which owns 65% of Learndirect, said: “Over the last six years and under private ownership, the business has helped more than half a million learners. We provided £37m of additional funding in the last three years to support the company during a period of severe public sector funding cuts. ...
Advertise all UK jobs with flexible working to tackle pay gap – report image
Source : Guardian [Read Article] Tuesday 15th of August 2017 05:26:47 AM
....50 per hour for over 25s. The EHRC said the public sector has a smaller gender pay gap than the private sector, while countries across Europe in which higher proportions of fathers take longer-term parental leave tend to have smaller disparities. ...
UK inflation tipped to rise again with wages forecast to stagnate image
Source : Guardian [Read Article] Sunday 13th of August 2017 03:28:41 PM
....Almost a quarter of private sector firms cite delivering the national living wage as a brake on pay growth; a fifth cite uncertainty over access to the single market, and another fifth point to the government’s auto-enrolment pensions scheme as a challenge. In the public sector, nearly three-quarters of employers say that government-imposed pay restraint is why they cannot match the inflation target of 2% in their next pay award. ...
L&G profits rise as UK population dies earlier than expected image
Source : Guardian [Read Article] Wednesday 9th of August 2017 02:09:08 PM
.... Women now only gain an extra year after a decade while it takes men six years to achieve that gain. Sir Michael Marmot, a former government adviser, published a study of life expectancy last month that linked the slowdown to the austerity measures introduced by David Cameron’s coalition government from 2010, reducing public sector spending. ...
Bank of England deputy's Brexit warning is strong stuff | Nils Pratley image
Source : Guardian [Read Article] Tuesday 8th of August 2017 11:01:03 PM
.... The immediate strain will be on public institutions that have to cover new risks and contemplate their own “difficult prioritisation decisions”. No wonder chancellor Philip Hammond, already struggling to keep a cap on a public sector payroll where a 1% increase equals £1. ...
France isn’t heading for a belle époque, but its future looks better than Britain’s image
....A structural recovery is one based on sustained increases in investment – public and private – and improvements in productivity that propel wages growth and higher standards of living for all. Macron expects that a mix of neo-liberal supply-side reforms to a labour market dominated by union rules, and an attack on cosy business practices allied to directives from the Elysée Palace to reform the public sector, will bring about the mix of policies needed to achieve this aim. ...
Have we reached 'peak London' as millennials leave in record numbers? image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:05:04 PM
....And if the leavers are teachers, NHS professionals, firefighters, social workers, who really can transfer their skills out of the capital, it hardly needs explaining why that is terrible news for London. Schemes over the past 15 years to provide various forms of homebuying subsidy for keyworkers have been confusing and ineffective; many, illogically, require salaries that public sector workers don’t earn. ...
Greece plans return to bond market as Athens sees end in sight to austerity image
....Existing Greek five-year bonds were trading at 3. 6% on Monday morning compared with 63% at the height of the Greek financial crisis in 2012 when the finance ministry was unable to pay public sector wages and there were riots in the streets. ...
The UK ignores China's trillion-dollar Belt and Road plan at its peril | Colin Cram image
.... So far, the UK’s preparations and infrastructure spending plans look hopelessly inadequate. Colin Cram is a consultant specialising in public sector procurement. ...
Second home owners are destroying rural economies | Letters image
Source : Guardian [Read Article] Saturday 22nd of July 2017 11:05:00 PM
....Miles SeckerHeckingtonLincolnshire. We should all be concerned about the crisis in vital parts of the public sector due to capped low pay. ...
The UK’s Brexit negotiators are powered by little more than hope image
Source : Guardian [Read Article] Saturday 22nd of July 2017 04:00:42 PM
....Its stance shows that business leaders have little faith in Fox establishing bridgeheads into the US, Japan and EU economies to facilitate trade. They are wary of what he is prepared to concede, as are anti-poverty campaigners, who fear that in talks with the US he will usher back all the bad bits of the failed TTIP trade talks between Washington and Brussels, from secret arbitration courts to chemically washed chicken and greater access to public sector contracts. ...
Your state pension in Dorset: £124,000. In Glasgow? £38,000 | Patrick Collinson image
.... The triple lock for today’s pensioners is inviolable. The vast final salary-based payouts of better-off public sector workers are untouchable. ...
The government has got it wrong on pensions | Letters image
Source : Guardian [Read Article] Friday 21st of July 2017 05:14:02 PM
. The chancellor of the exchequer recently pointed out that public sector pay was superior to private sector pay because of the occupational pension accruing to long-time public sector workers (Chancellor urges restraint on public sector pay, 17 July). ...
Budget deficit leaps as Brexit-fuelled inflation troubles Hammond image
Source : Guardian [Read Article] Friday 21st of July 2017 11:29:19 AM
....With a queue of government departments clamouring for inflation-busting rises in their funding before the autumn budget, the early signs are that Hammond will be reluctant to put extra cash on the table. The chancellor is under pressure to relax a pay cap on public sector workers and find extra resources to boost police and healthcare budgets. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... Under such deals, the local authority signs a contract with a private developer, which provides the upfront capital financing, and subsequent management of the asset. The public sector repays the developer in monthly instalments and, in residential developments, often with land and permission for private dwellings alongside the revamped social housing. ...
Why all women need to know what their colleagues earn image
Source : Guardian [Read Article] Thursday 20th of July 2017 05:00:12 AM
....The great reveal of the salaries of the BBC’s highest-paid stars has, for the most part, been grim fun. Should we not cheer that public sector workers are paid so generously? And can Alan Shearer’s most obvious of observations really be worth up to £450,000 a year? How many Clare Baldings could you get for one Gary Lineker? (Nine. ...
HS2 cost concerns as NAO uncovers £2.7m in redundancy payouts image
Source : Guardian [Read Article] Wednesday 19th of July 2017 02:41:26 PM
....Joe Rukin, the Stop HS2 campaign manager, said it showed the project was “being run with a blatant disregard for taxpayers’ money”. He added: “At a time when we supposedly have no money for the public sector workers everyone knows we need, this is beyond disgraceful. ...
Cost of UK car insurance leaps 11% to record high image
Source : Guardian [Read Article] Monday 17th of July 2017 11:01:03 PM
....Just after the discount rate change the Office for Budget Responsibility said the government now had to set aside an extra £1. 2bn a year to meet the expected costs to the public sector – and it would push up car insurance premiums by about 10%. ...
HS2 contracts worth £6.6bn awarded by UK government image
Source : Guardian [Read Article] Monday 17th of July 2017 08:08:45 AM
.... Grayling dismissed the figure as “nonsense”. Asked about the decision to spend on infrastructure while there is a 1% cap on public sector pay, Grayling said: “That’s a very different issue because we are talking about capital investment over the next 15 years. ...
The man who won a landmark legal battle for same-sex pension rights image
Source : Guardian [Read Article] Monday 17th of July 2017 06:00:43 AM
....Since 80% of firms have granted spouses’ benefits to gay couples already, Walker said, the impacts on private firms will be relatively modest. The Department for Work and Pensions, however, estimates it would cost £100m for the private sector and £20m for the public sector to deliver financial equality. ...
Globalisation: the rise and fall of an idea that swept the world image
Source : Guardian [Read Article] Friday 14th of July 2017 04:28:14 AM
.... The elections of Margaret Thatcher and Ronald Reagan were seminal, putting free-market radicals in charge of two of the world’s five biggest economies and ushering in an era of “hyperglobalisation”. In the new political climate, economies with large public sectors and strong governments within the global capitalist system were no longer seen as aids to the system’s functioning, but impediments to it. ...
The Tories have failed to fix the roof – and now storms are brewing | Larry Elliott image
....In the short term, Theresa May’s government eased up on the deficit reduction plan inherited from Cameron and saw the result of the election as evidence of “austerity” fatigue. The cost of the overnment’s survival – a £1bn package of financial support for Northern Ireland – has led to demands for higher spending in other areas, most notably public sector pay. ...
Chancellor needs to find an extra £33bn a year to end austerity, says IFS image
....“It would mean that over the next few years household incomes could be better supported and a greater quality and quantity of public services could be enjoyed. But it would also involve planning to live with elevated public sector debt for longer. ...
UK pay squeeze intensifies as real wages continue to fall image
Source : Guardian [Read Article] Wednesday 12th of July 2017 10:35:05 AM
....“Ministers must set out a plan to get real wages rising across the public and the private sectors. They should start by scrapping the unfair pay restrictions on nurses, midwives and other public sector workers. ...
Ending austerity means increasing taxes or deficit, warns thinktank image
Source : Guardian [Read Article] Saturday 8th of July 2017 07:00:02 AM
. Philip Hammond will have to rip up the government’s deficit reduction plan or increase taxes for most of the population if he decides to end seven years of austerity by sanctioning higher public sector pay, reversing welfare cuts and providing extra cash for Whitehall departments, a thinktank has said. ...
Low-paid workers need better job satisfaction, No 10 review will say image
....A 10-month review commissioned by the prime minister has identified a productivity crisis among the lowest paid workers particularly in sectors such as retail, care work and hospitality, and will urge the government to give the Low Pay Commission a new role to boost job satisfaction. Matthew Taylor, a former adviser to Tony Blair, is expected to say next week that the government needs to widen the focus of its industrial strategy to tackle falling productivity among the low paid – not least because many work in the public sector – as well as its current priority of high value, high tech export industries. ...
Family of four needs 'at least' £40,800 a year, says thinktank image
Source : Guardian [Read Article] Thursday 6th of July 2017 05:01:34 AM
....Frances O’Grady, general secretary of the TUC, said: “The government needs a proper plan to get wages rising. Ministers must stop holding down the pay of public sector workers, and give them their first proper pay rise in seven years. ...
Theresa May defends public sector pay cap under pressure from Labour image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:23:29 PM
. Theresa May raised the spectre of a Greek-style economic collapse if Britain fails to press ahead with tackling the deficit on Wednesday, as she was challenged repeatedly by Jeremy Corbyn over the public sector pay cap. ...
UK productivity falls to pre-crisis level image
Source : BBC [Read Article] Wednesday 5th of July 2017 02:16:37 PM
....5% in the first three months of the year takes the UK economy's ability to create wealth back below the level of 2007. If an economy cannot create wealth efficiently, then the debates about government spending, public sector pay and austerity become all the harder. ...
Public sector pay cap is matter for future budgets, says Grayling image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:56:11 AM
. Chris Grayling, the transport secretary, has dampened hopes of an imminent lifting of the 1% public sector pay cap for teachers, police and prison officers, saying the issue was a matter for future budgets. ...
Brexit fears trigger exodus of crucial EU health and social care workforce | Hélène Mulholland image
.... In 2016, 209,000 people working in the sector in the UK were EU nationals, up from 121,000 in 2009 – a rise of 72% – according to figures from the Office for National Statistics (ONS). But since the 2016 EU referendum, there are tentative signs that when it comes to public sector workers, the UK has lost some of its appeal as a place to live and work. ...
Hammond says UK must 'hold nerve' over public pay image
Source : BBC [Read Article] Tuesday 4th of July 2017 06:45:30 AM
....Government must "hold its nerve" in the face of calls for a "different path" of higher taxes and borrowing, he said. Mr Hammond is facing a growing chorus from within his own party for him to reconsider the 1% limit on increases in public sector salaries, which has been in place since 2012. ...
Horror stories told by central bankers will not end in an interest rate shock image
.... The present incumbent has managed two years before confirming it would be seeking some form of bailout, demanding that the Department for Transport renegotiate with preferential terms for the Stagecoach-Virgin partnership. The east coast line was reprivatised in 2015 after more than five years in the public sector. ...
'Tourism is our lifejacket': debt-stricken Greece gets record number of visitors image
.... I’m all for privatisation because it improves services. In a country like this, economically, it’s so difficult for the public sector to manage such facilities. ...
Jeremy Corbyn sacks three frontbenchers over single market vote image
Source : BBC [Read Article] Thursday 29th of June 2017 09:33:48 PM
.... . It called for Brexit to deliver the "exact same benefits" as the EU single market and customs union, as well as scrapping tuition fees, increasing public spending and ending the public sector pay cap. ...
Osborne gets job number six – an honorary professorship in Manchester image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:40:34 AM
....As chancellor Osborne was an architect of austerity, the economic ideal that has come to define seven years of Conservative government. Leading economists including those from the IMF have warned that austerity policies, such as a slew of public sector cuts, can do more harm than good, an argument that has been picked up by the shadow chancellor, John McDonnell. ...
Risk of air accidents up after CAA cost-cutting, leaked report warns image
Source : Guardian [Read Article] Friday 23rd of June 2017 02:40:28 PM
.... The results helped to inform changes in how we organise our work and how we communicate within the organisation. “We have consistently protected frontline safety roles at a time when other parts of the public sector have had to undertake drastic cuts. ...
Athens: thousands of public-sector workers march against austerity image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:41:34 PM
. Greece has been hit by fresh strike action as thousands of public sector workers marched through Athens in protest against the debt-ridden country’s austerity programme. ...
UK budget deficit to increase this year amid living standards squeeze image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:49:47 AM
....The chancellor, Philip Hammond, revised the government’s pledge to bring down the deficit in his autumn statement last year when he set a target for a balanced budget by the middle of the next decade, rather than his predecessor’s forecast of 2020. The Office for Budget Responsibility, the Treasury’s independent forecaster, expects public sector net borrowing to increase this year and then resume its downward path. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
.... For years, they have advanced the argument that business will always perform a given task better than government, whether it’s running buses or schools, supplying healthcare or housing. The public sector is sclerotic, wasteful and undisciplined by the profit motive. ...
Philip Hammond under pressure to spend to lure voters back to Tories image
Source : Guardian [Read Article] Saturday 17th of June 2017 03:00:41 PM
.... Against this backdrop, some of the pressures on the chancellor include:. The praise for the emergency services for the way in which they responded to the Manchester Arena bombing, the Borough Market attacks and the fire last week in Grenfell Tower has made it much tougher for the government to stick to its 1% pay ceiling in the public sector. ...
UK car insurers saw losses of £3.5bn in 2016 due to new compensation rules image
....3m. However, the NHS and other parts of the public sector such as the armed forces are set to take an even bigger hit, of nearly £6bn. ...
The Guardian view on austerity economics: it failed | Editorial image
Source : Guardian [Read Article] Wednesday 14th of June 2017 07:07:26 PM
.... But saying austerity is dead is the easy bit. The hard part is to enact measures that would make the slogan meaningful, and that would require, for example, removing the cap on public sector pay awards, abandoning welfare cuts, doing a U-turn on the reduction in per-pupil spending in education and spending more on the health service. ...
Incomes squeeze denied May a landslide – now she must change course image
Source : Guardian [Read Article] Tuesday 13th of June 2017 01:06:01 PM
.... The government has recognised that voters are unhappy about falling living standards and have had enough of cuts. Deficit reduction will now play second fiddle to the need to raise real incomes, so expect a generous uplift in the minimum wage and an easing of curbs on public sector pay as signs that the age of austerity is over. ...
Britons feel the squeeze as inflation rises to four-year high of 2.9% image
Source : Guardian [Read Article] Tuesday 13th of June 2017 08:37:27 AM
....Tim Roache, the general secretary of the GMB union, said: “Too often there is more month than money left after pay day. Ending the public sector pay freeze and making sure all workers are paid a decent wage is an absolute must and it needs to be on the agenda for the Queen’s speech. ...
UK employers plan to keep hiring despite Brexit and slow growth image
Source : Guardian [Read Article] Tuesday 13th of June 2017 05:01:47 AM
....The recruitment firm highlighted stark contrasts between sectors. Manufacturers were most optimistic about hiring but the outlook for the public sector was far gloomier, with a majority of employers looking to cut jobs. ...
Bosses are right: political uncertainty will damage the economy | Nils Pratley image
....The forces pushing in the other direction look weak. The government could give the public sector a pay rise, for example, but that may not be enough to shift the dial on real incomes. ...

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