Tag: Autumn Statement
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NSSN 611: Strike wave grows as Tories unleash further austerity
Hunt’s Autumn Statement is a further tightening of the cost of living squeeze that is crippling workers as inflation jumps to over 14%. Workers’ living standards are facing the biggest drop since the Second World War. But workers are fighting back, with the most widespread strike wave for decades, across all sectors. This is the…
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222: “Its time to resist Osborne’s escalation of the cuts!”
In last week’s NSSN e-bulletin, we exposed the step change in the ConDems’ austerity offensive, announced in Osborne’s Autumn Statement. It seems our figure of £35-50billion underestimated the scale of this attack! By last weekend, it was estimated by the Office for Budget Responsibility (OBR) and the Institute of Fiscal Studies (IFS) that 60% of…
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NSSN 172: Enough is enough…no work ‘til we drop!
Osborne’s Autumn Statement last Thursday, not only brought forward by ten years the new retirement age of first 68 and then 69 – it will be open-ended with it being regularly reviewed in line with life expectancy. This poses workers getting their state pensions into their 70s and because many occupational pensions use this age…
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PCS on Chancellor’s Autumn Statement
Republished from PCS website The chancellor has today announced more cuts in government departmental budgets and an increase in state pension age. George Osborne said in his autumn statement that UK state pension age is to increase more rapidly to 68, making it one of the highest in the developed world. State pension age will…
