Browsing Tag New Year

Caparo Merchant Bar steel workers to take 50% pay cut

By at December 8, 2011 | 11:16 | 0 Comment

Caparo Merchant Bar steel workers to take 50% pay cut

More than 150 workers at Lincolnshire steel firm Caparo Merchant Bar (CMB) are taking a 50% pay cut to help the company stay in business. Staff at the Scunthorpe-based firm have also agreed to take an extended holiday over Christmas and the New Year. When they return on 3 January after a longer than usual break, many will be earning half their previous wage. Andy more...

Industrial , , ,

PFI school building announcement delayed

By at December 7, 2011 | 16:18 | 0 Comment

PFI school building announcement delayed

he Department for education (DfE) has pushed back the announcement of which schools will receive funding for £2bn worth of new building projects to January 2012. The government’s Priority School Building programme will see £2bn of schools built through private finance initiatives (PFI). An announcement on which schools would receive funding was scheduled for more...

Education , , ,

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