News
24 Jan 2008
MPs are likely to vote in favour of accepting a below-inflation pay increase when they meet in Parliament later today.
Last week, the Senior Salaries Review Body recommended that MPs should receive a pay increase of 2.56%. But Government wants MPs to receive a pay rise similar to that being offered to other public-sector workers, as part of the three-year pay deals announced by the prime minister and the chancellor earlier this month. Government says that to maintain economic stability, pay increases should be in line with its target of 2% inflation. It therefore wants to award the MPs rise in two stages amounting to a 1.9% increase.
Teachers have accepted a pay increase of 2.45%, while police are protesting against their offer of 1.9%.
0 comments on this article |
Latest Issue - May 2012
The myth of the axolotl is one of nature’s most fascinating.
MA Business & Leisure Limited © Copyright 2012, All Rights Reserved
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.