![]() "That means taking difficult but responsible decisions on the public finances, including public sector pay, because more borrowing is itself inflationary."Īs we reported earlier, the government has been accused of having "no strategy" to tackle the threat from China (see 10.37 post).Ī new report by the Intelligence and Security Committee said the UK has been left "severely handicapped" due to its "short-termist approach". Mr Hunt told MPs today that "it is important to deliver on the prime minister's priority to get debt falling and to control borrowing to avoid adding inflationary pressures and risk prolonging higher inflation". The Treasury has ruled out increasing borrowing to pay for wage rises, meaning any extra cash for workers may have to come from raiding existing departmental budgets, potentially meaning cuts to services. It is thought announcements will come shortly, and a failure to fully accept the reports would provoke further rows with unions, a problem underlined as junior doctors embark on their longest walkout yet in England. Prime Minister Rishi Sunak and Mr Hunt met this morning to decide whether to accept the recommendations of pay bodies which are thought to be suggesting rises of around 6% to 6.5% for a variety of professions, from medics to teachers. ![]() Jeremy Hunt has said the government will take "difficult but responsible" decisions on public sector pay - as announcements are expected later today. ![]()
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