The Confederation of British Industry (CBI) is calling on the Government to provide a ‘credible’ economic plan for balancing public finances by 2016 - two years earlier than planned. The business group believes that Chancellor, Alistair Darling, should use his last Budget before the general...
Posted to
Finance
on 03-08-2010
Filed under: All Financial News, Economy News, Government, Debt News, budget, Confederation of British Industry, CBI, public finances, tax rises, Chancellor, fragile, letter, election, urging, economic plan
Up to 270,000 civil servants are to stage a 48-hour national strike next month in a dispute over redundancy pay.
The walkout, which will take place on 8 and 9 March, will involve job centre staff, tax workers, coastguards, border agency officials, courts staff and driving test examiners. If a satisfactory...
Posted to
Finance
on 02-25-2010
Filed under: All Financial News, Economy News, savings, Government, March, Company News, union, dispute, PCS, civil servants, national strike, 48-hour, redundancy pay, Public and Commercial Services
The Treasury has today announced savers with Northern Rock will lose the Government’s 100% guarantee on 24 May.
The move means the crisis-torn bank is back in line with its rivals but savers will still benefit from the £50,000 guarantee to all savers under the Financial Services Compensation Scheme ...
Posted to
Finance
on 02-24-2010
Filed under: All Financial News, Economy News, savers, Banking News, Government, Northern Rock News, Financial Services Compensation Scheme, lose, 100% guarantee
Austerity measures to rescue Greece’s debt-stricken economy has resulted in two million workers to stage a nationwide strike today which will see air, rail and maritime transport come to a standstill.
It is the second general strike in a fortnight after the tough measures angered Greek trade unions....
Posted to
Finance
on 02-24-2010
Filed under: All Financial News, Economy News, Government, Debt News, deficit, GDP, measures, angry, trade union, Greece, standstill, austerity, nationwide strike, trim