Tag: half

Survey finds half of public sector workers ‘prepared to strike’

Survey finds half of public sector workers ‘prepared to strike’

A survey conducted by the Chartered Institute of Personnel and Development (CIPD) has revealed half of public sector workers would consider strike action in the event of pay cuts or changes to their pensions. The CIPD said 49% of workers surveyed agreed with the statement “workers have to do what’s necessary to protect their jobs [...]

Half of UK employers proposing to freeze pay

Half of UK employers proposing to freeze pay

A survey by the Confederation of British Industry (CBI) and recruitment consultancy Harvey Nash, has discovered that more than half (55%) of British companies are proposing to freeze pay for the second consecutive year. Furthermore, the survey found that just over one third are planning a modest increase, while just 4% were looking to increase [...]

RBS denies mortgage borrowers full base rate cut

RBS denies mortgage borrowers full base rate cut

RBS and its subsidiary NatWest will only be passing on half of yesterday’s base rate cut to mortgage customers on their standard variable rates (SVRs). The lenders are reducing SVRs by 0.25%, although they claim most customers will not be missing out because the majority are either on tracker or fixed-rate deals. In the case [...]