The story appears on

Page A9

May 25, 2015

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » World

British ministers’ salary frozen for another 5 years

British Cabinet ministers will have their pay frozen for another five years as the government tries to cut the budget deficit, Prime Minister David Cameron said yesterday.

The ministers receive 134,565 pounds (US$208,000) a year, including their parliamentary salary. Their pay has been frozen since 2010, when it was cut by 5 percent as part of austerity efforts.

Cameron’s Conservatives, who won a surprise majority in this month’s election, have pledged to find 25 billion pounds of spending cuts over the next two years as they seek to turn a 5 percent budget deficit into a surplus by 2018/19.

“We will continue to take the difficult decisions necessary to bring spending down and secure our economy,” Cameron wrote in the Sunday Times newspaper. “I’ve decided to freeze the pay of the ministers in the government.”




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend