Amidst economic turmoil, which includes rising government borrowing rates and waning investor confidence, productivity—a key ...
The UK is suffering a productivity crisis that is harming the nation’s economy, exclusive analysis of ONS data by Facts4EU ...
Officials advising the Government on public sector pay have called for inflation-busting wage rises in the past to reverse the impact of austerity, it has emerged. At least three members of public ...
UK public sector workers face fresh ... increase would be just enough to keep pay rising faster than prices, with current forecasts pointing to UK inflation of 2.6 per cent in 2025-26, but it ...
"Pay growth including bonuses increased by more, but this reflects previous figures being affected by the one-off payments made to some public sector ... See our UK inflation guide and our Is ...
Public sector pay jumped sharply in November as ... The Government is also under pressure to hand out further inflation-busting pay rises in a forthcoming review. The Bank of England said on ...
The UK rate of inflation has ... ONS revealed that regular pay grew at an annual rate of 5.2% between August and October, meaning wages are rising faster than prices. Private sector pay grew at a rate ...
The Starmer Labour government has announced plans for pay restraint throughout the public sector and 10,000 job cuts ... Following her speech in Parliament, UK Chancellor Rachel Reeves holds ...
UK inflation ... strength of the latest inflation figures, coupled with Tuesday’s higher than expected wage growth data, may well put to bed the possibility of a pre-Christmas rate cut from the BoE on ...