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Old 19-09-2015, 09:14   #9
Kursk
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Re: The Bank of England may have to cut rates to combat low inflation

Quote:
Originally Posted by Chris View Post
If public sector workers achieve a 1pc pay rise then that would be an above-inflation settlement, on current figures.
An accurate statement but for completeness it should be qualified against the backdrop of a 4-year public sector pay freeze.

Public sector pay is way behind the private sector, on current figures.
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