On the day when Ed Miliband put the prime minister under severe pressure about declining living standards, newly published figures show that, since the onset of recession in 2008, the real value of wages has fallen by 7%, or more than £50 billion a year. In the same period there’s been a real drop in consumer [...]
Posts Tagged ‘Public Sector Pay’
GMB Congress to give Labour’s leaders a roasting over public sector pay freeze
Feb 14th, 2012 by Jon Lansman.It emerged today that no fewer than one quarter of the motions to the GMB Congress — eighty in all — relate to the political stance of the union. This comes after comments last month from general secretary Paul Kenny who warned that Labour support for real cuts in pay could have a “profound impact” [...]
What is Balls up to?
Jan 16th, 2012 by Michael Meacher.What is Ed Balls up to? His statement this weekend, at the Fabian conference, that he endorses Osborne’s public sector wage freeze until the end of this Parliament – possibly 3.5 years away – and accepts all the government’s spending cuts finally crosses a red line. At a time when the central economic problem is [...]

















