June 20, 2010
A TAD MORE IMPRESSIVE THAN NORM MINETTA:
UK Osborne Names Labour's Hutton To Head Pension Commission (WSJ, 6/20/10)
U.K. Chancellor of the Exchequer George Osborne Sunday said a cabinet minister in the former Labour Party government will head a new Independent Pensions Commission that will find ways to cut the cost of providing retirement benefits to public-sector workers.Posted by Orrin Judd at June 20, 2010 12:16 PMSpeaking to the BBC two days before his emergency budget, Osborne said John Hutton will make a preliminary report in September, and a full set of recommendations in time for the spring budget next year.
Hutton was a close ally of former Prime Minister Tony Blair, and served as secretary of state for work and pensions in Blair's last government. His recruitment is a coup for the Conservative-led coalition government, which has traditionally been viewed as hostile to the public sector on ideological grounds, and therefore feared by public-sector workers.
