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EXCL: Barack Obama called George Osborne 'Jeffrey' by mistake 3 times at the G8 ...
22:42Tom Newton Dunn
EXCL: Barack Obama called George Osborne 'Jeffrey' by mistake 3 times at the G8 summit - a crushing blow to the Chancellor's ego.
When did Gvt strategy change on RBS? Ministers talked up giveaway; was it really...
21:26Samuel Coates
When did Gvt strategy change on RBS? Ministers talked up giveaway; was it really Balls Times iv that changed things (as Team Balls claim)
Mark Kleinman | Chancellor requires some financial wizardry if he wants to hive off RBS's 'bad' ...
20:50Mark Kleinman
Chancellor requires some financial wizardry if he wants to hive off RBS's 'bad' assets into separate entity without needing taxpayers' help.
A latecomer at the Mansion House just rushed in apologetically, saying: "I've be...
20:07Jon Craig
A latecomer at the Mansion House just rushed in apologetically, saying: "I've been at Ascot. My horse was placed." Must remember that one!
Laura Kuenssberg | If as expected Osborne says govt will consider an RBS split, crucial question is...
19:07Laura Kuenssberg
If as expected Osborne says govt will consider an RBS split, crucial question is how that is possible without costing taxpayer even more?
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23 April 2012
Unions representing members in higher education have branded a marginally improved pay offer for 2012/13 as derisory.
The offer (increased from 0.5 percent to 0.8 percent) was immediately rejected by the joint negotiation committee in higher education consisting of Unite, EIS, GMB, UCU, Unison and the University Colleges Employers Association (UCEA).
The joint unions demanded the employers dramatically improve the offer and match 2012 RPI inflation. With inflation running at 3.5 percent, this pay offer represents a pay cut in real terms.
Unite national officer, Mike Robinson, said: “The latest offer represents a slap in the face for hard working university staff. It is an insult, especially when measured against the increase in university surpluses and increased income.
“With our members already struggling with the rising cost of living and household bills soaring, this derisory offer represents a real terms pay cut.
“Unite members expect a decent pay settlement that ensures they are properly rewarded for their skill and commitment.”