Independent pay review board recommendations agreed by government - but don't hold your breath long term! writes truemagic68
These increases will almost certainly cost £5 billion and will benefit about 45% of the public sector work force.
Personally, I doubt that this is a practical solution. Many departments are down to the bone, as it is. So, I believe the government will be reluctant to cave in. If the Bank of England could have a stay of execution on increased rates and could see its way to cutting quantitative easing - now £895 billion, inflation might start to abate.As we understand it, teachers and postal workers have called off of the strikes pro-tem - good news!
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