Public sector pay hikes risk inflation
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public sectorTelegraph
•Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England
71% Informative
Bank warned that public sector pay deals were pushing up pay across the economy.
It said the public sector represents around one fifth of total UK employment.
By contrast, Mr Trump has pledged to slash civil service by stripping them of the career protections that they currently enjoy.
Ms Reeves has long embraced a more active state and a “modern industrial strategy” that she has previously said is essential to “ make’t and “shape markets”.
VR Score
80
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86
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20
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