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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
10 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
Posted in Uncategorized
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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
Posted in Uncategorized
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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
Whitehall gears up for a Tory victory
The Mirror’s Jason Beattie has been having some off-the-record conversations with civil servants. His piece in the Local Government Chronicle describes how Whitehall is preparing for a Tory victory next year. Despite the talk of public spending cuts, the general … Continue reading
Posted in Uncategorized
3 Comments
Ring-fencing health and education – craven populist rubbish!
An honest debate about public spending came a step closer yesterday when Gordon Brown sort of admitted that he might have to make some cuts. He’s still saying that front-line services won’t be affected, though, which is almost certainly rubbish. Meanwhile, the Conservatives are … Continue reading
Posted in Uncategorized
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