This subtle shift will motivate unions to bargain in sincerity and not hide behind status quo, and it will also allow state employers to bargain in good faith for structural and work rule changes.

FORBES: Magazine Article

That matters enormously to Mr Osborne, because his first fiscal rule dictates that he balances the structural current deficit over five years.

BBC: George Osborne must weigh supply against demand

The European Commission's Mr. Barnier also said his group was looking at options for structural changes in the banking sector, including the Volcker rule and the recent Vickers report in the U.K., which recommended ring-fencing, or roping off, bank's domestic retail deposits from the rest of their operations.

WSJ: EU Plans Complaint on 'Volcker Rule'