Firms: Cuts to red tape not enough August 5, 2010 THE government’s latest attempts to cut red tape for businesses were last night slammed by industry leaders, who called them unambitious and lacking in political will. The initiative, headed by Vince Cable, calls for the introduction of a “one in, one out” policy from 1 September, which means that for every new regulation Whitehall introduces, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 7, 2010 FINANCIAL TIMES EUROZONE FEARS SEND INVESTORS TO HAVENS Investor worries over the Eurozone have deepened, hitting the markets of the single currency’s weaker economies and sparking a flight to the safety of US Treasuries, German bunds, the yen and the Swiss franc. Global equities lost ground and the euro weakened on Tuesday, while European bank [...]
Private firms lose out in race for RDA grants June 20, 2010 CLAIMS that regional development agencies (RDAs) are there to help private businesses were exposed as false yesterday, after it emerged 62 per cent of grants were funnelled back into the public sector. Research from the Taxpayers’ Alliance shows public sector organisations and projects received £1.8bn in grants between 2007-09 out of a total of £2.9bn. [...]
Private firms lose out in race for RDA grants June 20, 2010 CLAIMS that regional development agencies (RDAs) are there to help private businesses were exposed as false yesterday, after it emerged 62 per cent of grants were funnelled back into the public sector. Research from the Taxpayers’ Alliance shows public sector organisations and projects received £1.8bn in grants between 2007-09 out of a total of £2.9bn. [...]
Trade unions set to fight public sector pension reforms June 21, 2010 A NUMBER of the UK’s largest trade unions spoke out yesterday against the government’s plans to review public sector pension schemes. Unison, Unite and rail union RMT warned the government ahead of today’s Budget that plans to cut public sector pensions could be damaging. Dave Prentis, general secretary at Uniso, demanded that the review body [...]
Trade unions set to fight public sector pension reforms June 21, 2010 A NUMBER of the UK’s largest trade unions spoke out yesterday against the government’s plans to review public sector pension schemes. Unison, Unite and rail union RMT warned the government ahead of today’s Budget that plans to cut public sector pensions could be damaging. Dave Prentis, general secretary at Uniso, demanded that the review body [...]
Government cuts private pension costs July 8, 2010 THE government yesterday outlined plans that will shave billions of pounds off the private sector’s pension bill, by reducing the amount that pension payments must rise in line with inflation. In future, payments for those on final salary schemes will rise in line with inflation as measured by the consumer price index (CPI), as opposed [...]
Cameron rejects calls for change to UK strike laws June 21, 2010 PRIME Minister David Cameron has vetoed business leaders’ demand to change strike laws as the prospect of industrial strife looms behind planned public sector spending cuts. The CBI, Britain’s most prominent business lobbyist, asked the government to raise the bar for walk-out approvals to 40 per cent of the balloted workforce, not a simple majority [...]
Cameron rejects calls for change to UK strike laws June 21, 2010 PRIME Minister David Cameron has vetoed business leaders’ demand to change strike laws as the prospect of industrial strife looms behind planned public sector spending cuts. The CBI, Britain’s most prominent business lobbyist, asked the government to raise the bar for walk-out approvals to 40 per cent of the balloted workforce, not a simple majority [...]
Irish political turmoil feeds market nerves November 24, 2010 MARKETS remain unconvinced that the Irish government will be able to pass the €15bn (£12.6bn) cuts programme it unveiled yesterday, with Prime Minister Brian Cowen lacking the votes needed to get the measures through parliament. Cowen’s government is already teetering, with the Green Party this week demanding an immediate election once the emergency budget is [...]