Friday, Jul 14, 2006
Public Sector pay
Guardian: Chancellor's freeze on public pay angers unions
Gordon Brown yesterday announced that the government would extend a tight squeeze on public sector pay, freezing it to 2011.
The chancellor also said 45,000 civil service jobs had been cut in less than two years. He set the government on a collision course with the unions by unveiling an interim report on next year's comprehensive spending review in which he says that in the three years to 2010-11, pay settlements across the public sector will be based on the government's 2% inflation target.
Posted by jason @ 07:49 AM (174 views) Add Comment
6 Comments
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1. jason said...
Also:
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2006/07/14/npublic14.xml&sSheet=/news/2006/07/14/ixuknews.html
2. tyrellcorporation said...
I see a 'winter of discontent' looming large in the radar!!!
Isn't this how dear old Labour finished in the late 70's?...oh dear they've squandered Major's economic legacy and put everything back to where it was before Maggie had to take a scythe to the Unions, bloated public sector, inefficiency, banruptcy, militancy, laziness...general shite!
The current iPod generation have only known the good times but we've been living on borrowings and the party is heading full tilt into the buffers... I think this could get messy!
3. inbreda said...
"Guardian: Chancellor's freeze on public pay angers unions"
It was hardly going to get them cracking open the Bolli was it?
I think Crash Gordon has done rather well. He has cut employment by creating unnecessary jobs in the public sector. Then he lets everyone feel good by getting up to their bum in debt. Then he freezes their pay. They can't leave unless they get a better job. Unemployment stays low. The books balance. Everything will be OK so long as they can keep up repayments on all those debts. If only he had some influence over the direction of interest rates.......
4. Sloth said...
tyrellcorporation,
Yep IMHO debt (both on and off-book) has been masking the recession. No jam tommorow.
5. Retiredbanker said...
tyrellcorporation
Absolutely right, very succinctly put.
6. Northern Lad said...
I doin't trust this government....**cking liars!