MINISTERS agreed to take a five per cent pay cut at their first cabinet meeting yesterday, suggesting the public sector is in for a round of tough pay settlements.

David Cameron told his ministers......,

..... Cameron will take a £7,500 pay cut, taking his salary down to £142,500, while Cabinet Ministers will see their pay fall by £7,082 to £134,565.

http://www.cityam.com/ne...nisters-get-5pc-cut-pay

Cameron is working on a £6B govt. cost reduction measure. I wonder whether our deputy PM-UK, will put similar measures in next FY budget or will be asking for authority to borrow/beg for more money.

Ja-Kom]Phew! U gave me a real scare...i for once imagined this had happened in Kenya,would have wondered what the ministers were suffering from...[/quote]
That will be the day!!!