Breaking News- Millions of public sector workers hit with pay freeze

RISHI Sunak has confirmed that millions of public sector workers would be hit with a pay freeze.

Unions claim this is punishing those who worked to keep the country going during the pandemic.

Whilst updating the country on the dreary outlook for the British economy, the Tory Chancellor told the Commons, “Our health emergency is not over and our economic emergency has only just begun.”

He also cut Britain’s support to the world’s most desperate, cutting foreign aid as the virus continues to destabilise the globe.

Mr Sunak said that the OBR had predicted that the economy will contract by 11.3 per cent this year, “the largest fall in output for 300 years”.

And they warned it would be the “4th quarter of 2022” until the economy recovers to pre-virus levels.

Unemployment is also expected to peak next year at 2.6million people.

He warned of the long term scarring that would follow with predictions showing that “in 2025 the economy will be around 3 per cent smaller than expected in the March budget”.

The Chancellor confirmed the Government would set aside £55billion for the next year to combat coronavirus.

Official figures last week showed that public sector debt had passed the £2 trillion mark for the first time in UK history, making it over 100 per cent on national income.

Thank you for taking the time to read this news article “Breaking News- Millions of public sector workers hit with pay freeze”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Charlie Loran

Manchester born mummy with a two year old diva (2020), living on the Costa del Sol for just short of a decade.
Former chef and restaurateur, holistic health fanatic and lover of long words.

Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page


    Leave a comment

    Your email address will not be published. Required fields are marked *