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A repository for reports, opinions and bits of writing on labour, trade union and other issues by a union activist and retired social worker.
Showing posts with label Banks. Show all posts
Showing posts with label Banks. Show all posts

Friday, 25 February 2011

Brain hurts: £900m bankers’ bonus ‘fair’ while £5k cut for police staff ‘good deal'

Justifying £900m in bonuses, the RBS’s Stephen Hester told the BBC yesterday that, “Along with my staff, I want to be treated fairly”. Well, Stephen, so do thousands of police staff in Scotland who are facing up to a £5,000 a year cut in wages which is described by the employers as a ‘good deal’.

Another of those ‘my brain hurts moments’ isn’t it? In order for the country to recover, one of the banks who created the mess while earning huge bucks have to get more bucks as a reward for losing £1.13billion. That is, apparently, being treated ‘fairly’. http://www.bbc.co.uk/news/business-12571381 

On the other hand, the people who suffered from the mess and who deliver essential and efficient police services, are facing a cut of £5,000 on a wage of £25,000. That, according to the Convention of Scottish Local Authorities, is ‘a good deal’. http://www.heraldscotland.com/news/politics/plans-to-slash-pay-of-civilian-staff-are-attacked-1.1087172

Sunday, 17 October 2010

Does Green realise he's arguing against privatisation?

UNISONActive readers will not have missed the irony of Sir Phillip Green advising the government how to save money while quite legally depriving it of the very millions in taxes that could avoid cuts in the first place.

Thursday, 15 July 2010

Even Chambers of Commerce say cuts will harm recovery‏

It is clear that businesses are anticipating the planned reductions in public spending at a Scottish and UK level to have a dampening effect on the recovery", says the Scottish Chambers of Commerce in releasing their second quarter Business Survey results today.

Saturday, 5 June 2010

NHS loses 4000 jobs as bankers get bonus for making a loss!

Tom Waterson

The NHS in Scotland is facing 4,000 job cuts as the SNP government plans a £270million cut in spending following a tight budget settlement earlier this year. And even further cuts are expected after the Westminster ConDem ‘emergency budget’ on 22 June with knock-on effects in Scotland over the next few years.

The Scottish Government has promised there will be no compulsory redundancies and have agreed a partnership group with the unions to scrutinise workforce plans, but that still leaves major concerns about and jobs and services.