Ireland

Kenny says he will take 5% pay cut

watch listen

Fine Gael leader Enda Kenny has announced he is taking a 5% pay cut next year, as a symbolic gesture.

He was speaking at the launch of Fine Gael's Budget proposals, which include 5,000 voluntary redundancies in the civil service.

The party is also suggesting a freeze on pay rises and increments for those in the public sector earning more than €50,000 a year.

Advertisement

Fine Gael says its proposals are aimed at stabilising State finances while protecting the vulnerable.

The party is also calling for a €1.5bn fee for banks using the State guarantee scheme.

Party leader Enda Kenny said that he has written to the Paymaster General asking for his own pay to be reduced by 5% next year.

He said this would not affect the ISEQ or bring back Lehman Brothers but was a symbolic gesture.

And while he said he was not calling for other TDs to follow his lead, his two colleagues at the news conference, Richard Burton and Kieran O'Donnell, said they would follow suit.

Sinn Féin also published a pre-Budget submission and called for a focus on job creation to get people back to work rather than reliant on welfare.

Audio & Video
RTÉ.ie News: Enda Kenny Suggesting a freeze on pay rises
Enda Kenny
Suggesting a freeze on pay rises
Related Stories
RTÉ News 24 hours a day RTÉ News Special: The Humble Bee

LIVE TV

Now:
The View
23:20 Tuesday 9 February
Next:
Mad Men
23:50 Tuesday 9 February

Television Programmes

Radio Programmes

RTÉ.ie News Highlights

Grand Designs

A Limerick-based architect is bucking the recessionary trend as he creates dream homes all around the country

Read

Bogus Taxis

Philip Boucher-Hayes investigates the issue of bogus taxis on the streets and ranks of Dublin

Play

Hope Springs Eternal

After a difficult few years in the sheep industry, breeders say this year there is a new level of optimism

Play

Heading East

Thinking of heading to the Euro 2012 qualifiers? Listen to Morning Ireland's report

Play

RTÉ News iPhone App

Read and watch all the latest stories from RTÉ News with the new App for iPhones

Read