TUC will fight further pension closures - papers 21st Dec

The TUC, the union umbrella body, sounded a warning note to any employers contemplating a copycat move to scrap future final-salary benefits for existing employees, says the paper. Brendan Barber, the TUC’s General Secretary, said: “Working people are not about to give up their retirement income and the bad employers who attempt similar moves can expect stiff resistance from staff.” THE BUDGET deficit in November was the second largest for a single month since records began in 1993, stoking fears that the Chancellor will have to raise taxes in the new year, reports the Daily Telegraph. ...