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Ministers get 5% pay cut !!!
JkMwatha
#1 Posted : Friday, May 14, 2010 9:05:58 AM
Rank: Veteran


Joined: 9/11/2007
Posts: 816
MINISTERS agreed to take a five per cent pay cut at their first cabinet meeting yesterday, suggesting the public sector is in for a round of tough pay settlements.

David Cameron told his ministers......,

..... Cameron will take a £7,500 pay cut, taking his salary down to £142,500, while Cabinet Ministers will see their pay fall by £7,082 to £134,565.

http://www.cityam.com/ne...nisters-get-5pc-cut-pay
Ja-Kom
#2 Posted : Friday, May 14, 2010 9:19:50 AM
Rank: Member


Joined: 4/28/2009
Posts: 290
Phew! U gave me a real scare...i for once imagined this had happened in Kenya,would have wondered what the ministers were suffering from...
For just as through the disobedience of the one man the many were made sinners, so also through the obedience of the one man the many will be made righteous. Romans 5:19
sky5
#3 Posted : Friday, May 14, 2010 10:27:34 AM
Rank: Member


Joined: 5/7/2010
Posts: 282
Location: Nairobi
Cameron is working on a £6B govt. cost reduction measure. I wonder whether our deputy PM-UK, will put similar measures in next FY budget or will be asking for authority to borrow/beg for more money.
FundamentAli
#4 Posted : Friday, May 14, 2010 1:20:09 PM
Rank: Veteran


Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
Governments have to start being careful especially after the Greece incident. I hope the trend of expanding the budget is slowed down. My guess is most targets for last budget have not been met.
chikita
#5 Posted : Friday, May 14, 2010 4:20:34 PM
Rank: New-farer


Joined: 2/18/2010
Posts: 94
Location: Nairobi
Ja-Kom]Phew! U gave me a real scare...i for once imagined this had happened in Kenya,would have wondered what the ministers were suffering from...[/quote]
Laughing out loudly That will be the day!!!
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