Above-inflation pay rise for almost 900,000 public sector workers

[Nearly Sane]

Good but I don't think that we should need a global pandemic to get the govt to follow independent pay body recommendations.


https://www.bbc.co.uk/news/business-53478404

[ProfessorDavey]

Good but I don't think that we should need a global pandemic to get the govt to follow independent pay body recommendations.


https://www.bbc.co.uk/news/business-53478404

And in most cases wages, in real terms, will still be below 2010 levels even with the increase.

Also worth noting that there is no new money, so government departments are expected to fund the increase through their existing budgets. So I suspect this will be passed onto front line organisations - so for example schools will not receive an increase in funding equivalent to the increase in wage costs. They will need to make cuts elsewhere, presumably by reducing staff numbers or cutting other provision.

[Nearly Sane]

And in most cases wages, in real terms, will still be below 2010 levels even with the increase.

Also worth noting that there is no new money, so government departments are expected to fund the increase through their existing budgets. So I suspect this will be passed onto front line organisations - so for example schools will not receive an increase in funding equivalent to the increase in wage costs. They will need to make cuts elsewhere, presumably by reducing staff numbers or cutting other provision.

Agree - but It will at least look responsive from the govt

[jeremyp]

And in most cases wages, in real terms, will still be below 2010 levels even with the increase.

And it will get worse unfortunately.

https://www.bbc.co.uk/news/business-53482895

Government borrowing in June was more than double borrowing for the whole of last year. Coronavirus has saddled us with a huge debt to service and everybody will be feeling the effects for years.