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08/12/2009
Cabinet Meeting To Finalise Budget
The Cabinet will meet today to discuss the details of tomorrow's Budget.
The Budget, which is aiming to make savings of around £4 billion, is widely expected to include salary cuts for public sector workers.
Around 250,000 workers are expected to have their salaries cut by between 5% and 6%, but those earning more than €100,000 could face even higher cuts.
Public sector unions have already threatened strike action if pay cuts are introduced.
Few changes in taxation are expected, with the exception of the introduction of a carbon tax, which would lead to increases in fuel prices.
(KMcA/BMcc)
The Budget, which is aiming to make savings of around £4 billion, is widely expected to include salary cuts for public sector workers.
Around 250,000 workers are expected to have their salaries cut by between 5% and 6%, but those earning more than €100,000 could face even higher cuts.
Public sector unions have already threatened strike action if pay cuts are introduced.
Few changes in taxation are expected, with the exception of the introduction of a carbon tax, which would lead to increases in fuel prices.
(KMcA/BMcc)
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Figures from the CSO have unexpectedly revealed that gross average weekly earnings in the public sector have risen by 3.2% for the year ended in June. However, the figures released today are for gross earnings, which do not account for the impact of the pension levy or income levy.
05 February 2009
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08 December 2010
Stormont Budget Deal Stalled
Sinn Fein and DUP politicians are still at loggerheads over an agreed Assembly budget.
Stormont Budget Deal Stalled
Sinn Fein and DUP politicians are still at loggerheads over an agreed Assembly budget.
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Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
