Tuesday, July 10, 2007

Chancellor starts showing his plan

Darling's first budget to target private equity as public sector pay is squeezed

Chancellor hints at curbs on venture capital tax breaks. Treasury to get tough on spending and inflation. He also warned public sector workers that they would have to accept a below-inflation pay rise this year as part of a Treasury clampdown on public spending.

Posted by confused76 @ 10:21 AM (448 views)
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2 thoughts on “Chancellor starts showing his plan

  • george monsoon says:

    Just one question… Have ANY ministers had a “below inflation” wage increase or no increase at all this year.. I think NOT.!!!

    They are all gits.. the lot of them. My wage increase request has gone in for this year and I will be LUCKY to get anything..

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  • Oh Dear, I’ve just had a 1970’s deja vu moment, light blue touch paper and retire to a safe distance as the state employment creation scheme grinds to a halt!

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