Wednesday, February 17, 2010

Bonuses for bankers - pay cuts for the poor

Low paid public servants - members of our sister union PCS - at the National Gallery were yesterday forced to take strike action over pay - as many earn less than the London Living Wage right in the heart of London.

This happened on the day that inflation went up to 3.5%. This won't worry everyone since it was also announced yesterday that well paid bankers will pocket massive bonuses.

Local Government workers facing a pay freeze (and therefore a real-terms pay cut of 3.5%) need to take heart from the courage of our comrades at the National Gallery as much as we feel rage at the bankers' bonuses. I see that the Kirklees branch are taking a lead.

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