But an interesting attempt to give a sense of scale: AXA also calculated that a woman in her mid-20s working in the private sector would have to contribute almost a quarter of her annual salary every year to get a pension comparable with a public counterpart. Given that pensions are simply delayed compnesation that means
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TimWorstall 2 hours ago (via timworstall.com)
Labour said it would crack down on lobbying by former ministers in an attempt to defuse a political scandal after several of its senior MPs were secretly recorded discussing potential opportunities in the private sector
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FT 14 hours ago (via traxfer.ft.com)
This is interesting: Gutfreund did violence to the Wall Street social order — and got himself dubbed the King of Wall Street — when in 1981 he turned Salomon Brothers from a private partnership into Wall Street’s first public corporation, a decision that can now be seen as the first
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TimWorstall 1 day ago (via timworstall.com)
Private investors who fund projects that reduce reoffending by ex-prisoners will receive a return from the taxpayer under a scheme launched on Thursday by the government
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FT 3 days ago (via traxfer.ft.com)
European lawmakers pledge to forge ahead with their own efforts to revise controversial proposals to regulate hedge funds and private equity fund in spite of an impasse amongst member states
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FT 4 days ago (via traxfer.ft.com)
Commons select committee says penalties imposed by the DWP are not a sufficient deterrent against illicit pratices by private providers of welfare-to-work programmes
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FT 4 days ago (via traxfer.ft.com)
The US government will share classified information with the private sector operators of 'critical infrastructure' under the terms of a proposed cybersecurity bill in Congress that has bipartisan support
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FT 4 days ago (via traxfer.ft.com)
Angela Merkel has challenged Gordon Brown to drop his objections to European regulation of the hedge fund and private equity industry
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FT 4 days ago (via traxfer.ft.com)
Despite today’s improved unemployment figures, it’s still not plain sailing for the 9.4 million low earners in work. Continued falls in employment levels, growth in long-term unemployment, expectations of a sluggish economic recovery in the private sector and a squeeze on public sector activity and employment mean that sustained improvements in the labour market remain
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SocialistUnity 4 days ago (via socialistunity.com)
The FT reports that European finance ministers yesterday postponed a vote on the EU's proposed AIFM Directive to regulate hedge funds and private equity firms after “a last-minute intervention” by Gordon Brown. Ministers are still at loggerheads over how to regulate funds and managers established outside the EU.
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OpenEurope 4 days ago (via openeurope.org.uk)