RISHI Sunak will freeze the pay for millions of public sector workers next year – as Britain faces an ‘economic emergency’. The Chancellor is trying to dial back public spending to cut the amount of debt the UK is taking on to pay for the Covid crisis, but unions are demanding he U-turn on plans to freeze wages for the public sector. Mr Sunak will set out today his comprehensive spending review and is expected to announce there must be “pay restraint” as he tries to fend off a disastrous economic fallout from record spending. The Chancellor will stress the importance of balancing the books and restoring the long-term health of the public finances. The wages of nurses, doctors and other NHS workers will not be subject to the pay freeze because of their work during the pandemic. A pay freeze for 3.7 million workers could save as much as £3.4billion, according to the Institute for Fiscal Studies. A spokesperson for No10 said today: “Cabinet was told (by the Chancellor) the Office for Budget Responsibility forecasts will show the impact the coronavirus pandemic has had on our economy. “They will make for a sobering read, showing the extent to which… Read full this story
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