Third of all workers will see decline in their living standards, warns Government minister
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Wednesday 22 December 2010
Three Liberal Democrat ministers have criticised the Government's decision to cut child benefit and lifted the lid on tensions between them and their Conservative Coalition partners.
Wednesday 24 November 2010
The cold snap hitting parts of the UK have triggered the first Cold Weather Payments of the winter, the Government announced today.
Thursday 28 October 2010
Outlook So auto-enrolment into company pension schemes is here, although not immediately and there's a lot of phasing in to be done to get employers used to the idea. All the same, it is a pension reform idea with a dab more credibility than the carefully leaked, headline-grabbing figure of £140 for the basic state offering, which no one really believes will be affordable by the Coalition in this Parliament, if ever.
Tuesday 26 October 2010
Outlook So after all the nasties, those public sector jobs, the removal of child benefit from anyone earning top-rate tax (even if they're not that rich) and the rest, it's time to throw the public a bone or two. Step forward the Pensions minister, Steve Webb, with a bold (and carefully leaked) plan to bring in a flat-rate state pension of £140 for all... well, at least those with sufficient time as residents of this country to have paid a decent amount of tax and NI.
Monday 25 October 2010
The state pension could be increased to about £140 a week under Government plans to ensure everybody has a "decent" income in retirement.
Wednesday 25 August 2010
The row over the Government's "progressive" credentials and the fairness of the emergency Budget is blown open today with new research from the respected Institute for Fiscal Studies.
Thursday 05 August 2010
Almost a quarter of the UK population will be aged over 65 in 20 years' time, rising to over 40 per cent in some areas of the country, government figures revealed today.
Saturday 31 July 2010
Friday 09 July 2010
Outlook In announcing that final salary pension schemes will soon be allowed to increase pensions in line with the consumer price index (CPI) rather than the retail price index (RPI), the Pensions minister, Steve Webb, yesterday insisted that the former was a more realistic measure of the actual inflation experiences of pensioners. Maybe, maybe not, but let's not pretend this announcement has anything to do with that – the objective of this change to the rules is to ease the pension funding pressures on employers.
Thursday 03 June 2010
Simon Hughes, the Liberal Democrat left-winger, was on course last night to become the party's deputy leader.
Monday 31 May 2010
- 1 Cameron's freebie to apartheid South Africa
- 2 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 3 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 4 Australian ultra-nationalist politician Stephanie Banister in car crash immigration TV interview
- 5 People will try to reduce Mandela to a lilting reggae tune about ‘love’. They will fail