Is Rachel Reeves’ spending review a veiled return to austerity?
4 weeks, 2 days ago

Is Rachel Reeves’ spending review a veiled return to austerity?

The Independent  

Today’s clash between ministers and trade unions over public sector pay – after the government recommended a 2.8 per cent rise for teachers, NHS workers and civil servants – was always going to happen. Unions viewed this summer’s generous increases as merely the start of “catching up” after restraint since 2010 which saw public sector workers fall behind those in the private sector. The Treasury insists a 2.8 per cent increase would be higher than the 2.6 per cent inflation forecast, though private sector pay rises are likely to average 3 per cent. Wes Streeting, whose official target as health secretary is to ensure 92 per cent of patients start elective treatment within 18 weeks, has told NHS leaders to put patient safety first this winter and to “put patients ahead of targets”.

History of this topic

Labour's borrowing costs surge 'worse than Liz Truss chaos': Rachel Reeves faces spending crisis after interest rates hit 27-year high on fears of 'Stagflation'
3 days, 1 hour ago
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1 month ago
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