Wednesday, October 20, 2010

Conversion Of W/v To W/w

A mountain of a molehill?

That's what Stephanie Flanders asks on the Spending Review that is on tenterhooks throughout the country today (especially for public employees - here in the office as the Chancellor's speech begins in 10 minutes is most staff gather around the television director general). And also applies to the issue that is cover all the national newspapers: an alleged gaffe of a minister whose documents were photographed while reading in the ministerial car. The paper says it expects the number of public employees has been reduced by 490,000 people by mid-2015. The problem is:

(1) This figure refers to the projections of the Office for Budget Responsibility July, on which the press has already reported at the time.

(2) In a country with six million public employees this loss public employment simply means that you can probably still replace one in five civil servants who retire or get better jobs.

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