Tag: Pay freeze

Pay squeeze vital, says BoE governor

Bank of England governor Mervyn King has warned that workers across Britain could be hit with pay freezes this year and suggested restraint is necessary to keep a lid on inflation.Speaking at an event in Newcastle, Mr King...

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UK Employees admit to exaggerated expense claims

One quarter of people that have ever claimed work expenses in the UK admit to exaggerating them according to a survey from employee expenses management company, GlobalExpense. Almost half (47 percent) of those that admit to...

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Hutton recommends public sector exec pay cap

A new report headed by Work Foundation executive vice-chairman Will Hutton has recommended that public sector bosses should have their salaries linked to the wages of junior employees.Commissioned by the government in May, Mr...

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