News By Tag Industry News News By Location Country(s) Industry News
| Brown Firm On Uprooting 'The Culture of Excess'Something has to be done to put the house in order. Proper allocation of resources is the mantra. Brown seems to be firm on tackling the crises and taking things in his stride.
By: Lilly He acted on same lines when it came to bonuses even. As he falls in the category of Conservatives in UK political theater, he demanded all those getting more than £150,000 to be be officially named at the first instance. He was of the opinion that the Treasury must approve any such salaries kept for the appointees. He was also keen on maintaining the same when it came to any bonus above £50,000. His vision is clear as he wants such hefty packages to be justified in the eyes of public through the relevant secretary of state. Brown is also expecting the same from BBC and regulators. This is primarily done to consolidate policing, health, schools and social services rather than spending the precious resources in the form of “excessive salaries and unjustified bonuses”. The mantra of his government is Smarter Government and he is keen to take the same forward stating “that taxpayers fund 300 local authority officials who have salaries over £150,000 or that in total over 300 staff across public sector bodies are paid more than £200,000.” Moreover, Bill Cockburn, key person who chairs the senior salaries review body, is all set to analyse senior pay patterns while he promised in a call from Sir Gus O’Donnell, cabinet secretary, for a study into unjustified “massive disparities” As it's inevitable the decision of the Conservatives was dubbed as copied from the Labour. Sir Peter Gershon, the key person behind savings of more than £20bn after 2004, Bernard Gray, who reviewed defence procurement this year; and Martin Read, author of the IT and back-office efficiency study for this year’s Budget, will shower their views continuing the same as said by Brown. Lord Levene, who is John Major’s efficiency adviser will be advising in the process. On VAT, Mr Brown announced that employer tax returns along with it would be Online only from 2011. For more information on the loans that is related to this release or related news about financial products (or for a sample, copy or demo), contact Webmaster or visit : http://www.shakespearefinance.co.uk/ End
|
|