Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Liz Truss pledges civil service pay shake-up

by August 2, 2022
August 2, 2022
Liz Truss pledges civil service pay shake-up

Liz Truss has said she wants to save taxpayers’ money by scrapping diversity roles and ending national pay deals.

The Tory leadership candidate wants to link civil servants’ pay to living standards where they work, meaning similar jobs could have different salaries depending on location

Ms Truss says that the scheme could be rolled out to other public sector areas, saving £8.8bn a year.

Labour called her plan “a fantasy recipe for levelling down”.

The party’s deputy leader Angela Rayner said it would reduce “the pay of Northerners, worsening the divide which already exists”.

The FDA – the union for senior civil servants – said it was “astounding” Ms Truss was planning to move jobs out of London while at the same time cutting regional pay.

And a source close to the Rishi Sunak campaign said the plans would mean “stretching the NHS to breaking point and fewer police fighting crime as we head into a general election”.

The Truss camp have argued that introducing regional pay would stop the public sector crowding out the private sector in places where private businesses can’t compete with public sector pay.

Alex Thomas of the Institute for Government think tank said the idea of regional pay was an idea that “comes around every few years”.

“The reason why chancellors and prime ministers have previously tended to abandon it is the benefits are pretty marginal – both in terms of the cost you can save and the benefits to the local economy.”

Ms Truss has also been criticised for describing Scotland’s First Minister Nicola Sturgeon as an “attention-seeker”.

Scotland’s deputy first minister John Swinney said he was “absolutely horrified” and described the comments as “obnoxious”.

Ms Truss is competing with former Chancellor Rishi Sunak to become the next Conservative leader, and prime minister.

The party’s 160,000 or so members are voting on which of the two they want to replace Boris Johnson, and the winner will be announced on 5 September.

Read more:
Liz Truss pledges civil service pay shake-up

0
FacebookTwitterGoogle +Pinterest
previous post
BP reports huge profits as energy bills soar
next post
British Airways suspends Heathrow short-haul ticket sales

You may also like

Airbnb to target single-room listings as cost of...

May 4, 2023

Heathrow Faces £900 Million Business Rates Bombshell

June 16, 2024

HS2 rail plans could be derailed in hunt...

October 31, 2022

Reeves scraps winter fuel payments for 10M pensioners...

July 29, 2024

Help is Out There: Drug and Alcohol Addiction...

September 20, 2024

Non-dom tax reforms could cost labour £1bn, warns...

September 4, 2024

Why British Bosses Are Rethinking the Pub Social

June 16, 2024

UK SME’s report capability crunch that paints worrying...

April 20, 2023

Manufacturing fall is fastest since pandemic, CBI survey...

December 20, 2022

Retail sales drop in July as rain dampens...

August 18, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Silver’s Surge is No Fluke—Here’s the Strange Ratio Driving It

      June 6, 2025
    • Friday Feature: Incubate Debate

      June 6, 2025
    • Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

      June 6, 2025
    • Universities in Libertarian Land

      June 6, 2025
    • Elon Musk may speak to Trump aides in push to calm feud

      June 6, 2025
    • Everyone Talks About Leaving a Better Planet for Our Children: Why Don’t We Leave Better Children for Our Planet?

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,013)
    • Politics (15,545)
    • Stocks (3,131)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved