The Chancellor, George Osborne, has set the apprenticeships levy, to be launched in April 2017, at 0.5 percent of an employer pay bill in his Spending Review. The levy will only be imposed on firms with a pay roll that amounts to more than £3 million a year.
Tags: spending review
Battle lines are drawn as protests are planned
The nation is set to fight back at the harsh cuts announced this week. A series of nationwide protests are due to be held by workers, union activists and campaign groups, including people in London, to warn of the threat to jobs and public services as a result of the Government’s spending cuts. Public sector…
Spending cuts – the essentials
Following the announcemnt of cuts across the welfare and the public sector, HRreview offers sector-by-sector analysis. Health Health research spending will be protected. NHS spending will increase by 0.4% annually in real terms over the next four years, seeing its budget grow from £103.8bn to £114.4bn by the end of 2015. This will be consumed…
Impact of Spending Review for local government
It has been reported in the Comprehensive Spending Review that £83bn of savings need to be made from the Public Sector; and the Office for Budget Responsibility (OBR) has estimated that this will equate to 490,000 public sector jobs lost by 2014-15. The government also believes that these jobs are capable of being replaced with…
Cuts of £81bn: UK falls to age of austerity
George Osborne has announced public spending cuts of £81bn over four years, telling MPs that the programme would restore “sanity to our public finances and stability to our economy”. The cuts were guided by fairness, reform and growth, the Chancellor claimed. Nevertheless, he confirmed that up to a massive 500,000 public sector jobs could go…
Spending Review ‘hits women hardest’ claims Fawcett Society
Following yesterday’s announcements, the Fawcett Society has given an initial response to the Comprehensive Spending Review. Ceri Goddard, Chief Executive of the Fawcett Society, said: “The Comprehensive Spending Review, like the previous emergency budget, hits women hardest. It is women who will be the main losers as jobs are cut, public services are rolled back…
Renewed fears of double-dip recession cast shadow over UK
With the Comprehensive Spending Review imminent, managers are questioning whether the recession is really over, according to a new report from Lord John Eatwell, published by the Chartered Management Institute (CMI) today. CMI’s Economic Outlook report, which tracks business confidence amongst the UK’s senior executives, confirms anecdotal fears that the UK faces a depressing and…
Comprehensive Spending review – Challenge or opportunity?
As part of the build up to November’s HR in the Public Sector Forum, Les Venus, Chief Executive of Threshold Initiative offers his response to the Comprehensive Spending Review and how it will affect the Public Sector and HR professionals in general. The much trailed and leaked Comprehensive Spending Review was properly unveiled on Wednesday.…