Chancellor George Osborne has announced ahead of today’s Budget that savers who have already bought an annuity will be able to cash-in their funds for lump sums from April next year.
Nearly a million public sector workers are to receive average pay increases of 1% in 2015/16, Chief Secretary to the Treasury Danny Alexander has confirmed.
A £500m infrastructure fund being created by two local government pension schemes could expand to form a multi- billion pound investment vehicle across the sector, a key figure in its formation has...
It’s emerging as a key election issue, yet the proportion of Britons in low-paid work has changed little in 20 years. So what can be done to tackle the barriers to improving poor pay, in both the...
Jeremy Hunt has warned that strike action planned by NHS trade unions next week could put lives at risk at a time of record demand across the health service.
Public workers' pay remains under pressure as the deficit stubbornly refuses to shrink. But what counts as public sector pay in a world of outsourcing to the private sector and what does the...
NHS Employers has published proposals to reform health service pay in a bid to tackle the higher costs of providing more services at evenings and weekends.
The government’s new pensioner bonds will pay interest at 2.8% for a one-year bond and 4% for a three-year bond, Chancellor George Osborne has announced.
Public sector job prospects have improved in the last three months, with employers now forecasting no net losses of staff, according to the Manpower Group’s Employment Outlook Survey.
Over half of all home care workers are on zero-hour contracts, and as many as 220,000 could be paid less than the National Minimum Wage, a study has found.
Workers across the NHS have today taken strike action in protest at a government decision to not award a cost-of-living pay increase to all members of staff.
Members of all three local government unions have voted to accept a two-year pay deal from the Local Government Association, resolving a dispute that had seen workers take strike action.
The government plans to claw back redundancy payments from NHS and council managers who return to work in the same sector within a year, Chief Secretary to the Treasury Danny Alexander has announced.
Lecturers at 69 UK universities will start an assessment boycott next week in a row over pension changes, the University and College Union announced today.
Deputy Prime Minister Nick Clegg has today launched an initiative to cut the rising administrative workload faced by teachers, as part of measures to help public sector workers.
Proposed changes to the pension scheme for university staff could see final salary benefits being phased out and a new defined contribution element introduced for high earners.
Regular reporting of the long-term effects of policy choices being made by government on the overall public finances and their impacts on different generations is essential if public spending plans...