Asked if the government would approve those pay rises, Reeves said she valued public service workers and warned there is a "cost" to long battles with unions that undermined the last government's efforts to improve public services. "I really value public service w...
Under the former government, the DfE calculated there was£600 million spending headroom in school budgetsfor 2024-25. Luke Sibieta, Institute for Fiscal Studies (IFS) research fellow, said the government “seems to have assumed that schools in England could afford pay rises of 2 per cent fo...
The government said 2.5 million people will benefit from the wage rises, particularly those working in sectors such as retail, hospitality and cleaning and maintenance. Business secretary, Kwasi Kwarteng, said: “We have never been more determined to make work pay, and by providing the biggest ca...
Friday, 30 August, 2024 EY EY cuts pay rises and bonuses for UK tax staff after slower year Big Four firm curbs annual salary bumps for thousands of employees and dismisses a handful of partners Thursday, 22 August, 2024 Lex Do not blame the proxy advisers for bust-ups over executive pay...
“It’s not going to encourage you to employ more staff,” added Rose, saying the upcoming increase in the national minimum wage “will cause us to reflect about what we do in terms of pay rises next year”. Rose joined a chorus of businesses this week warning about the impact the Budg...
"It should never have taken so long to get here," said committee co-chairs Robert Laurenson and Vivek Trivedi, hailing the deal as "the end of 15 years of pay erosion with the beginning of two years of modest above-inflation pay rises". But they added, "There is still a long way ...
Britain has endured a year of rolling strikes across the health sector as staff sought pay rises to offset the soaring cost of living. Unions say wages, especially in the public sector, have fallen in real terms over the past decade, and double-digit inflation in late 2022 and ...
Paul Johnson, the director of the influential Institute for Fiscal Studies, said he was "not terribly surprised" by the figure, which would be in line with pay rises across the economy and would cost an extra £3bn for schools and the NHS alone. ...
Secondary headteachers say the latest offer 'devalues them' given pay rises are capped for those earning £80,000 and over
Kristian Kolding is the Head of Consulting at BIS Oxford Economics, and was part of the panel of experts who discussed the key findings from the HAYS Salary Guide FY22/2023. He talks to Adam Lang about salaries across a range of sectors, and whether now'