Strikes
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Asked about the estimated cost of strike action, the PMS said that strikes could hit the economy by reducing output in both the public and private sector. The Treasury estimated that strikes could cost the economy half a billion pounds.
Asked about the status of the talks, the PMS replied that the Government had recently put an improved offer on the table and that negotiation with the unions was ongoing. He explained that separate negotiations were taking place for the different pension schemes.
Asked about what contingency plans existed, the PMS replied that contingency plans were being worked on.
Put that a strike would have the same impact as a Bank Holiday, the PMS said that wasn’t a precise comparison.
Asked when reform on minister’s pensions would be announced, the PMS confirmed that proposals would be brought forward and that Government would make sure they were fair. He stated that the Prime Minister had already announced that he would not be claiming his Great Office of State pension.
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