Without extra funds from government to support the pay settlement, councils would have to make savings elsewhere.
Lufthansa said the pay settlement, which ends in February 2010, represented " a compromise at the bearable limit".
The pay settlement for 2009-2010 was based on 2008 figures, reflecting economic conditions that were much better at the time.
Will the attempt by ship unions and employers to fashion a worldwide pay settlement also be a pioneering act of globalisation?
The pay rise for full-time workers was a modest 3% a year, less than the average pay settlement in America currently.
Prior to the special council meeting, the Plaid Cymru group leader Colin Mann said the public had been "amazed" by the original pay settlement.
BBC: Caerphilly council cuts ?27,000 pay rise for chief exec
The Local Government Association denied councils had defied the chancellor over low pay - insisting it had always been clear that council workers had a different pay settlement to civil servants employed directly by government departments.
FORBES: Update: SEC Puts The Hurt To JPMorgan Chase's Hertz--But Is It A Double Standard?
If we have a detailed modernisation programme which is accepted by all sides, then we can have a reasonable pay settlement which is accepted by all sides and the financing implications can be understood by all sides and precisely the question you just asked, David, can be addressed.
But the BBC has seen a letter that was sent from the Local Government Employers to the chief executives of local councils and the Local Government Association which suggests the Treasury had been forced to clarify its position following Mr Osborne's speech - but still expected local authorities to soften the impact of a tough pay settlement on the lowest paid.
The financing will be used to repay all claims under the debtor-in-possession post-petition credit facility, pay certain settlement and cure payments and fund ongoing operations.
FORBES: Hawker Beechcraft Emerging From Bankruptcy But Court Delays Final Decision
Simply put, a brand-name drugmaker agrees to pay a settlement to a generic rival in exchange for ending patent litigation and launching a copycat medicine at a future date.
FORBES: AstraZeneca & A Pay-To-Delay Deal The FTC Would Not Like
More often than not, Davidson says, people are willing to pay the settlement out of court rather than enter a losing battle where the amount owed is likely to be three to five times more than the settlement offer.
FORBES: Education Is Best Weapon Against Web Piracy, not SOPA
Given the trivial size of their claim, few victims pay attention to settlement bargaining.
FORBES: The U.S. Legal System: Good At Some Things, Wretched At Others
He had refused to pay the original settlement of 600 euros and sign a non-disclosure agreement.
The firms have already raised prices by about 50 cents a pack to pay for the settlement.
ECONOMIST: Lawyers and their fees: Knights in golden armour | The
But Congress can go right ahead and tax cigarettes to raise the revenues tobacco would otherwise pay through the settlement.
As a deterrent, those who cause harm pay for the settlement.
The dominant tobacco companies, especially Philip Morris (now Altria) got a virtual cartel that allowed them to immediately raise cigarette prices without facing competition from smaller companies, since the AGs wrote into the pact clauses that required new companies to pay into the settlement even though they had nothing to do with the alleged behavior behind the lawsuits.
FORBES: Fewer Smokers Means Higher Taxpayer Costs, Study Finds
The employer may agree that some of the settlement is pay for discrimination, emotional distress, or other non-wage income.
Postal workers began the 48-hour strike early on Monday after eight days of talks between the Royal Mail and CWU officials ended without a settlement on pay increases, pension benefits or job security.
As I outline in an article in a recent issue of Forbes Magazine, holders of many states tobacco-backed bonds are worried about whether there will be enough cash on hand from the settlement to pay them out in full.
Shareholders not only pay most of the cost of the settlement (insurance covers some of it, but investors pay the insurance premiums, too), but they must pay the legal fees as well.
FORBES: Class-Action Firms Capitalize On Wretched Market For Law-School Grads
Merck said that under the civil settlement it will pay about two-thirds of the reserved charges to resolve civil allegations related to the drug.
The deal is protected from any sudden moves by BofA to put its insolvent Countrywide unit into bankruptcy a big concession, which Patrick's group had to pay for with a discounted settlement price.
In particular, letters from Crone and former News of the World editor Colin Myer undermine an assertion by the younger Murdoch that the decision to pay a seven-figure settlement to soccer executive Gordon Taylor was made strictly on its own merits and was not an attempt to keep other hacking incidents from going public.
FORBES: New Hacking Evidence Points to Wider Cover-Up at News Corp.
Visa and MasterCard have already set aside most of the funds to pay for the cost of a settlement.
WSJ: Visa, Mastercard Agree to $6 Billion Settlement Over Surcharges
He was ordered to pay alimony as part of the divorce settlement.
As part of the settlement, banks have to pay for independent research, which they will have to offer to clients, for five years.
The Plaintiffs' Steering Committee said, generally, there is no cap on the amount BP will pay to those who agree to the settlement.
应用推荐