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Wage cuts and freezes in the pipeline

Over half of employers are intending to freeze wages this year, and 12 per cent are planning to introduce wage cuts, according to a new survey.

Extra pension tax charges for high earners

A detail in the Budget announcement has revealed that people who earn more than £150,000 a year will have to pay tax on the contributions that their employers make to their company pension schemes.

Budget 2009: an outline summary

The Chancellor has delivered one of the most important Budgets in years against a backdrop of rising unemployment, soaring government borrowing and quite possibly the hardest hitting recession since the Second World War.

Budget must centre on private sector business, says BCC

The British Chambers of Commerce (BCC) has argued that the Budget needs to focus on giving private sector businesses the freedom and flexibility needed to pull the economy out of recession.

Short-time working 'deserves' government support

Business groups and unions have called on the government to implement a temporary short-time working scheme across the UK in the forthcoming Budget.

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