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World

Can Labour afford inflation-busting pay rises for teachers and NHS staff?

22 July 2024

11:15 PM

22 July 2024

11:15 PM

Well, that didn’t last long. Having preached to us about fiscal responsibility and ‘securonomics’, Chancellor Rachel Reeves appears to be about to cave in at the first opportunity – by hinting that she will grant 5.5 per cent pay rises to teachers, NHS workers, and other public sector workers.

At the heart of Reeves’s problem is the role of pay review bodies

The unions feel entitled to pay rises of 5.5

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