#BankOfEngland dismisses #Tory claims #PublicSector #PayRises will stoke #inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

Bank of England cuts interest rates to 5% in first reduction since March 2020
https://www.theguardian.com/society/article/2024/aug/01/bank-of-england-dismisses-tory-claims-public-sector-pay-rises-will-stoke-inflation
#ToryEconomicIncompetence

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

The Guardian

Rachel Reeves signals she will give inflation-busting pay hikes for public sector workers | The Independent
https://www.independent.co.uk/news/uk/politics/rachel-reeves-public-sector-pay-b2583218.html

#PublicSector
#PublicSectorPay
#PayRises
#Pay
#Wages
#Reeves

Rachel Reeves signals she will give inflation-busting pay hikes for public sector workers

The chancellor has promised a decision this month on whether teachers and NHS staff will be given a recommended 5.5 per cent pay hike

The Independent

Big #PayRises for top earners in #London have masked cuts in rest of #UK, says IFS

Britain’s earnings gap is growing as business services, finance and IT workers prosper, thinktank finds
https://www.theguardian.com/business/2023/jul/25/big-pay-rises-london-uk-ifs-earnings-gap #ToryPoliciesInAction

Big pay rises for top earners in London have masked cuts in rest of UK, says IFS

Britain’s earnings gap is growing as business services, finance and IT workers prosper, thinktank finds

The Guardian
Can you blame them? Chronic under funding under the #Tories has led to the #NHS crumbling. The govt can’t “find” money to fund #payrises for essential #publicsector workers, yet can continue to waste taxpayer ££ on #BorisTheLiar’s #COVID enquiry & funding for the useless #Monarchy. Forget we the people facing #costofliving #makesmybloodboil https://www.theguardian.com/society/2023/jul/22/nhs-growing-exodus-senior-doctors-surgeons-foreign-healthcare-systems?CMP=Share_iOSApp_Other
NHS faces exodus of doctors and surgeons to foreign healthcare systems

Exclusive: Rising numbers of consultants are opting for a new life abroad, where they can double their salaries

The Guardian
MPs’ £86,000 salary should be doubled, says senior Tory Sajid Javid

Ex-chancellor suggests massive pay bump to attract talent – and claims non-rich candidates may not have ‘skills parliament needs’

The Independent
Ewan McGaughey on Twitter

“On BBC news on how we can: - end the government shutdowns - tax the toxic profits of Shell and BP, plus big energy companies: over £40bn this year - pay people fairly, all public sector workers above inflation for £10bn a year - restore fair labour rights https://t.co/gI4A0dksKb”

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