(All Newham Cllrs have been asked to suggest ways to save money and cut costs. I will be publishing posts such as this on possible savings that can be achieved without harm to residents. So far this amounts to £1.1 million. £500k for not going ahead with this alternative proposal and £600k for not giving some Cllrs pensions).
Update: Professional Pensions (and a leading financial figure) have taken up this issue. See here