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 (1742 views)
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6 Comments

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

Friday, July 14, 2006 07:57AM Report Comment
 

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!

Friday, July 14, 2006 01:58PM Report Comment
 

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.......

Friday, July 14, 2006 02:55PM Report Comment
 

4. Sloth said...

tyrellcorporation,

Yep IMHO debt (both on and off-book) has been masking the recession. No jam tommorow.

Friday, July 14, 2006 02:58PM Report Comment
 

5. Retiredbanker said...

tyrellcorporation

Absolutely right, very succinctly put.

Friday, July 14, 2006 04:32PM Report Comment
 

6. Northern Lad said...

I doin't trust this government....**cking liars!

Friday, July 14, 2006 08:44PM Report Comment
 

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