George Osborne’s first Budget as Chancellor was never going to be easy, given the magnitude of the financial crisis faced by the incoming coalition government.
George Osborne’s first Budget as Chancellor was never going to be easy, given the magnitude of the financial crisis faced by the incoming coalition government.
British Airways reaches pension deal with trustees, Europe set to be left behind as airline profits bounce back, UK Govt to look at replacing APD with per-aircraft levy all feature in today's...
British Airways reaches pension deal with trustees, Europe set to be left behind as airline profits bounce back, UK Govt to look at replacing APD with per-aircraft levy all feature in today's...
Responding to today's announcement that almost a third of courts across the UK face closure, PCS general secretary Mark Serwotka said:
Consumer groups have written to ministers at the Department for Work and Pensions (DWP) warning that too broad a review of the 2012 pension proposals would threaten the hard-won consensus for a new system based on auto-enrolment. The text of the letter is:
If child benefit had been linked to CPI since 2000 instead of RPI, it would now be £18.05 for the first child rather than the current £20.30, according to new TUC research published today (Tuesday).
And carers' allowance – paid to people looking after dependents – would now be £5 less at £48.64 a week rather than its current level of £53.90.
Members of the UCU at Glasgow University have voted overwhelmingly in favour of industrial action in a row over job cuts. The news comes on the eve of a meeting at the university to finalise the plans for job losses.
Poor mothers will lose up to £1,200 a year from changes announced in the Budget today (Tuesday), and are among the biggest losers according to a TUC analysis of benefit changes.
The Sure Start Maternity Grant will, from April 2011, only be available for the first child in a family. This is a cut of £500 for low income pregnant mothers who already have a child.
Commenting further on the Emergency Budget today (Tuesday) TUC General Secretary Brendan Barber said:
“This Budget got the big judgement about the economy wrong.
“The economy is still fragile, and today's measures will certainly slow recovery and could well stop it in its tracks. Spending and benefit cuts together with the VAT increase will take much needed spending power out of the economy. The private sector has been hit as hard as the public sector today.