Monthly Archives: July 2009

London’s financial pre-eminence? Spare me the shroud waving!

Doctors and managers in the NHS are often accused of shroud waving whenever cuts are proposed.  You know how it goes, “Cut NHS budgets and thousands of people will diiiiie!!!” It’s usually enough to send most politicians running for cover. But the … Continue reading

Posted in Financial Crisis, London | 4 Comments

Curbing bankers’ pay

Many of the early reports on the Walker Review suggested that banks were to be forced to publish the pay details of their top earners. In fact the review simply recommends that total remuneration of those paid over the executive board median … Continue reading

Posted in Uncategorized | 9 Comments

Should (or could) HR have reined in bankers’ bonuses?

Jon Ingham is a man for whom I have a lot of respect and his blog is one of my regular reads. This comment on the Walker Review is complete bollocks though: [F]inancial services HR departments are partly if not largely to … Continue reading

Posted in Uncategorized | 3 Comments

Are today’s managers more cowardly than their predecessors?

Charlie McMenamin says that no-one should be allowed to pontificate about public spending cuts until they have read this article by former Revolutionary Communist Party organiser James Heartfield. Given that I intend to continue banging on about the public sector and the need for … Continue reading

Posted in Uncategorized | 9 Comments

Deloitte partner calls for legislation to force shared services on the public sector

When the government published its Operational Efficiency Programme report the day before the budget, I expressed some doubt about the £9 billion a year savings it identified. It’s not that the opportunities to reduce costs are not there but that public sector organisations have, so far, shown little willingness … Continue reading

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That public sector pay freeze

Steve Bundred’s call for public sector pay freeze has provoked howls of outrage from public sector unions. Perhaps more serious, though, is the charge that such a measure would be  counterproductive. Will Hutton argues that the government needs to wait until the … Continue reading

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Tough guy Cameron takes on the quangos

David Cameron has rejected Audit Commission boss Steve Bundred’s suggestion that a public sector pay freeze would go some way towards making badly needed public spending cuts. Instead he’s proposing to save money by cutting back on quangos. The Tories have been attacking Labour … Continue reading

Posted in Uncategorized | 3 Comments