More flexible approach needed on public sector pay, says PM May
Reuters
Published Sep 13, 2017 12:30
Updated Sep 13, 2017 12:40
More flexible approach needed on public sector pay, says PM May
LONDON (Reuters) - Prime Minister Theresa May said on Wednesday her government would need to be more flexible on public sector pay in the future, and that work on the issue would take place ahead of a Nov. 22 budget.
"There is a need for greater flexibility as we look at these issues of public sector pay in the future," May told parliament.
"We will be working on this in the lead up to the budget and the remits for the pay review bodies in 2018/19 will be published in due course."
May's government partially abandoned a cap on public-sector pay on Tuesday, saying it would raise wages for police and prison guards by more than its long-standing 1 percent limit.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.