Increasing pay gap between public and private sector workers

A study just published by the Office for National Statistics (ONS) shows that in April 2011 the average worker in the public sector received 8.2% more in hourly pay than an average worker in the private sector. This compares with differences of 7.8% in 2010 and only 5.3% in 2009. Why is the gap getting wider? Many would argue that … Continue reading

Posted by Nigel Tree | Comments Off on Increasing pay gap between public and private sector workers

What are the implications of the rise in prices last month?

So, inflation is still on the rise. The government’s target measure of CPI rose from 3.0% in February to 3.4% in March. This was mainly due to the cost of gas and petrol prices and a spike in food prices. A weak level of sterling is coupling with very high prices for oil and other commodities, and on top of … Continue reading

Posted by Nigel Tree | Comments Off on What are the implications of the rise in prices last month?