Public sector pay-offs WILL be capped at £95,000

Public sector pay-offs WILL be capped at £95,000 as part of new ban on six-figure ‘golden goodbyes’ to save the taxpayer millions A ban on six-figure redundancies could save taxpayers up to £200mn per year  Cabinet Secretary Sir Mark Sedwill was handed £248,189 when he departed And four other permanent secretaries whose departures were announced … Read more

Millions of households set to have their energy bills capped for another year

Millions of UK households will continue having their bills capped until the end of next year, the Government has revealed. The energy price cap was introduced in January 2019 in a bid to moderate bills for many households – especially those who had never moved from expensive standard variable tariffs. Around 11million homes are currently … Read more

Excessive salaries should be capped to save jobs during pandemic, think tank urges

Over half of Britons support the introduction of a maximum wage and a £100,000 cap would hurt less than 3% of earners, think tanks claim Report said salary cap of £187k could achieve minimum wage of £10.50 an hour It added targeting top 1% of earners could boost wages of nine million workers Autonomy also … Read more