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08/12/2009
Cabinet Meeting To Finalise Budget
The Cabinet will meet today to discuss the details of tomorrow's Budget.
The Budget, which is aiming to make savings of around £4 billion, is widely expected to include salary cuts for public sector workers.
Around 250,000 workers are expected to have their salaries cut by between 5% and 6%, but those earning more than €100,000 could face even higher cuts.
Public sector unions have already threatened strike action if pay cuts are introduced.
Few changes in taxation are expected, with the exception of the introduction of a carbon tax, which would lead to increases in fuel prices.
(KMcA/BMcc)
The Budget, which is aiming to make savings of around £4 billion, is widely expected to include salary cuts for public sector workers.
Around 250,000 workers are expected to have their salaries cut by between 5% and 6%, but those earning more than €100,000 could face even higher cuts.
Public sector unions have already threatened strike action if pay cuts are introduced.
Few changes in taxation are expected, with the exception of the introduction of a carbon tax, which would lead to increases in fuel prices.
(KMcA/BMcc)
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Ireland WeatherThis Evening and Tonight:Rather cloudy and mainly dry at first, but showery outbreaks of rain soon extending westwards to most places during the night, turning heavier towards morning. Light winds. Minimum temperature 9 °C.
