Commenting on the announcement made by the Chief Secretary to the Treasury on public sector pensions today, John Longworth, Director General of the British Chambers of Commerce (BCC), said:
“The government and unions need to resolve the negotiations around public sector pensions as a matter of urgency. The threat of strike action is a major concern for business, so a deal which is predicated on strikes being taken off the table is a must. We agree with Mr Alexander that strike action of any kind would be ‘unnecessary and damaging’ at a crucial time for the UK economy.
“This new offer from the government is more than fair. Public sector pensions have long needed reform, and this deal will mean they are still far more generous than those in the private sector. We would strongly urge the unions to accept this more than fair offer so that businesses can continue to concentrate on growing the economy, rather than fear the potential disruption that strike action would undoubtedly cause.”