today called on the government to bring in experts to review the spiralling cost
of Britain’s public sector pension schemes, which it says is rising towards an
This follows demands last week from David Cameron, Conservative leader, for
cuts in public sector pensions, saying a Tory government would make it a
priority to bring public sector schemes in line with cheaper arrangements in the
private sector, The Guardian reports.
CBI said it wanted independent experts to assess the ‘true costs’ of
guarantees offered to public sector workers before a younger generation of
workers were landed with a huge bill.
‘The debt that is being racked up is truly eye watering and is set to get
much worse.Taxpayers who are struggling to build their own personal pension will
be lumbered for decades by the cost of covering public sector workers who retire
years earlier on risk-free pensions,’ John Cridland, CBI deputy director
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.