Labour won’t say whether they can afford 5.5% public sector pay rise | Adam Boulton
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- Опубликовано: 15 сен 2024
- “You run the risk of further industrial action and obviously issues around recruitment and retention.”
The Chancellor is clear the pay review recommendations "involves a cost" but there is a "cost to not striking a deal", says the Exchequer Secretary James Murray.
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They have just agreed to send Africa and Middle East £84 million but can’t provide a pay rise to NHS
Forget sinking, we're already sunk 😂😂
Millions vs billions.
Millions vs billions.
Don't forget ukraine brah
@@manupasta Money diverted from the failed Rwanda Plan which achieved nothing and cost many times more.
If they can give away tax payers money to other countries they should be able to give the people a decent wage rise
Well they managed to find 13% to give politicians a raise a couple of years ago, maybe they're more important, I'm not sure
Well that is reassuring .... they do not know what the f*ck they are talking about ....
Yeah. They should cut all mps salaries by 10k and give just these, not all, just these public sector workers.... £3 p.a. pay rise
1.36m NHS workers and just over half a million teachers vs 650 MPs. That is the issue, economics and volumes. I would think the MPs raise cost less than £10m. It would and doesn’t move the needle at all. The morality of it yes is more up in the air - I agree, but this is a pure numbers issue.
@@Alex-mj5dv so that makes it alright then?
One rule for them and another for everyone else, that's the issue
@@leehowson440 if you actually read my comment (which it seems you didn’t, or did and didn’t comprehend), I agreed with you on the morality of this. Unfortunately it’s an economic issue. We have a massive public sector bill that we all have to fund and it’s a tough scenario to be in when pay increases are demanded at once. I work in the private sector and my wife is a civil servant - she has had commensurate pay rises more often than I have had in the last decade. If I want a pay rise - it’s usually find a new job and work upwards that way.
85 £ million to africa to stop immigration 😢
Whole of Government Accounts, 2021-22 Page 8
Total liabilities 6,289,200 million IF you exclude state pensions
What's 85 million?
@adenwellsmith6908 a waste of our money. It won't stop illegals, just like the billions spent every year don't.
A drop in the ocean
@user-dl6pn9kp8m It's not 7 million. It's way way more than that.
The cost of just being in the UK is 14K a year per head.
If you are on 'welfare' having your housing paid for, food paid for, that's on top.
£85million straight into the pockets of Lammy’s mates
Mps will vote themselves pay rises over10 %...
Except mp pay rise os exactly equal to the average public sector rise.
So giving these workers 5.5% rather than 3% will be mps implicitly giving themselves a higher rise too.
But Kier has just given 85 million to Africa.
Remind me again which country is he PM of.
Now you know why Rishi called an early election knowing he was going to lose and let Labour face whats coming 😅
He knew but made the wrong call for the election.
There is no reality in which Sunak could have won any election, he is an unelectable man with the intellectual capacity of a turnip with the consistency of a sandcastle which rapidly crumbles under surface level scrutiny. He had no respect for the dead, or any empathy for those with the misfortune of still being alive. His fiscal incompetence has left us with an £80bn per year cost to the interest alone in our catastrophically high national debt in which consumers paid extortionate prices to EDF for wind generated at the price of gas generation (and still do to this day), with so many sick and ill people unable to work after 14 years of cuts to the NHS, with little additional funding during a once in 100 year global pandemic.
This country is broke and the economy collapsed, largely because of this man and governments he worked in the highest possible positions, as well as those of Cameron, who he brought back into government as reward.
@@colinfryett8174 You mean he didn’t wait until the last minute because his government was on fire everyday and he thought it could only get worse.
@@TheToryParty Were broke and yet we aren't
Yes the Tories have been stunningly incompetent but 1/3 of the debt is owned by the BOE due to QE and QT (money printing) and a big chunk of that was injected into the banks post 2008. The banks have on account with the BOE 680 billion and for some reason we decided to pay them interest at the going rate even though we created most of it to stabalise the market back in 2008.
If you reduced the rate to base inflation your looking at 30 billion, this dents bank's profits but they've been creaming it in for the last few years anyway.
Give billions to Ukraine no problem give money to us no money
This is true. And also millions every day looking after people rocking up in boats. And let's be honest Labour have an open door policy...
Don't forget the £84 million Labour has pledged to Africa, and the Middle East.
Labour and Tory modus operandi ! Globalist driven ?
Ukraine is under our protection, comrade. No one attacks Europe and gets away with it.
Ukraine defends Freeworld principles: Sovereignty Democracy Freedom and Justice. Anything we provide is money well spent
Stop blaming the last government for everything. The tories had to sort out Labours mess and illegal war.
Take it off the immigrants money it’s not hard. How can our country be so pathetic?
It's just mind blowing ...why can we all know what wants doing except the Government. It will not be a nice ending.
If you increase public sector pay you reduce the economic pull factor for migration, the Tories have put most NHS jobs on the visa exception list because it is increasingly difficult to recruit UK workers
This government didnt hesitate to commit billions to continue funding the unnecessary war in Ukraine yet when it comes to paying NHS staff more we need a careful review. 🙈
@@lowcarbRD Exactly, let’s all just surrender to Putin, brilliant idea.🤦♂️
@@wanderingfool6312This is the U.K. it’s Ukraine Russia has invaded. It’s the USA that this country gave in too decades ago.
@@aaronogden9900 Russia has invaded lots of places, expansionism is Putin’s plan. Nuclear submarines and bombers are buzzing around us, but sure, coca-cola and Mac Donald’s, it’s a tragedy.
What was there point of this interview? Everything was "what we've inherited". And oh sure, give them 5.5%, I love being taxed to the hilt.
Paying decent salaries is beneficial to the economy as a whole, one of the reasons the economy is stagnant and migration is high has been the depressing of public sector wages by as much as 30%
Labour have not got a clue. Unable to answer any question put to them. I worry about this country
Well then you’re an idiot because Labour are getting things done and you don’t even recognise it.
Clearly they have no need or benefit to speak to Tory and reform voters, you lost and don't get a say until 2029, when we will go through a 6 week charade again in ensuring the Tories never return to power again for as long as millennials and gen Z are the primary working group. It's simply not up to you anymore, particularly given how tiny the number of Tory and Reform MPs there are now. It's all down hill for the right from here son, you're history for at least two generations.
Did the Tories answer any questions in the last 14 years?....... no
WAHH WAHH LABOUR WAHH!
Someone who cannot remember the last 14 years of incompetence and corruption. Medical alert.
Not as if they haven't got the cash. The tax burden on the British people under this Labour government is the highest in 70 years.
That would be the Conservative tax burden, Labour have only been in power just over 2 weeks.
@@davekirton4096 If you raise a public employees pay by £1 it only costs the treasury on average 20p in that £1 due to increased economic activity
I will explain
The 1st thing that happens is the £1 attracts 28% tax and ni, after it gets into a workers pocket 90% of then live salary to salary so it get's spent, that spend attracts tax and so the merry go round continues until all of it is locked up in savings and assets.
You also have a reduction in the pull factor for migration, all NHS jobs are on the visa exemption list as the service has been battered by the Tories for 14 years
They just print it. Remember one man’s pay rise is another man’s price increase.
if you put money into public sector pay it goes round the economy in a circle of tax and spend your looking at it costing the Treasury 20% of the headline figure while boosting GDP.
It will also reduce the pull factor for migration the Tories depressed public pay then put all NHS posts on the visa exception list
@@SlowhandGreg it doesn’t matter if it goes round in a circle it’s still diluting the currency. And the immigration factor will take time to play out and it will be changed again before then. Pay increase for NHS workers will only make it more appealing to immigrants. It’s not going to produce homegrown NHS workers. Especially 5%, there has been 40% inflation in the last 5 years
@@Bradbry1 diluting in what way were not borrowing to pay for it there are multiple ways of raising more money like actually collecting the 42 billion that was unpaid last year.
quote
The government has been accused of losing "staggering amounts" of money for public services "through incompetence" after a report found £42bn is owed to HMRC in unpaid taxes.
@@SlowhandGreg if you print currency it dilutes its value. They printed all the money they were giving out during the pandemic and look how high inflation went and now look at the price of everything. Public sector wage increases can only come from money printing, in other words debt. If it’s taken from some other area it’s just robbing Peter to pay Paul. Unpaid tax collected by force introduces all sorts of other problems.
@Bradbry1 Money printing isn't the root cause of energy and food inflation.
Dependency on world traded commodities with cartels controlling prices using the situation with the complicity of the Tory government to profiteering on a massive scale is the main factor.
There is no reason to borrow more when you can address one of the major issues by transitioning to renewable energy independence.
The government failed to collect 42 billion in tax owed last year due to incompetence according to a government committee report.
How about we tie the public sector pay to competence and achievement of goals instead.
That way we'll never have to pay a thing!
Might even get to see a Doctor !
Conservatives removed performance pay and incremental pay rises a few years ago. In 2010 they installed a 2 year pay freeze capped at 1% which lasted 5 years in most civil service agencies.
Try the money pit they are called the British taxpayer.
3 Billion to Ukraine is what counts.
If Russia takes Ukraine it is the start of the actual END!!
@@DavidImpatief It does.
its a loan over 15 years check your facts
Of course they have,how many times did he say everythings been fully costed😂😂
Lies Lies Lies when will people wake up
What lies?
BUT WAHH WAHH LABOUR WAHH!
In 2 years time there will be no one getting a pension
More borrowing will result in more inflation and interest rates will probably go up not down. Any 'pay rise' will be swallowed up (and them some) by high mortgage/rent costs and the next wave of inflation which will start later in the year.
This is without the collapse of the American economy due to the massive debt it holds, and the continued dedollarisation.
There's a bumpy ride ahead, and once again Labour will be in charge when it happens.
If borrowing is out (and it is) then the only way the money can be raised is via taxation. Labour have already promised no rises in income tax, NI or VAT so that probably leaves capital gains tax. Most people want to have good public services and we need to attract the best people and invest for the long term.
Good news if the interest rates go up, increases one’s investments.
@user-rw5xx7ct8c Massive government cuts and less tax is how you get an economy booming again. Also, not allowing the world to walk right on in and get free everything would help. Increased taxes has diminishing returns once people feel that working no longer pays
Smash the national credit card. Skyrocketing debt. Then let the next government pay for it then blame that government for cuts...rinse and repeat..
The circle of life 🎶
Considering we are 3 trillion in debt. I don't think there's much left on the credit card. No magic money tree for Labour this time around
@@anthonyluna352 It's £2.4 trillion we don't have dollars, the BOE owns a 1/3 of it due to QT / QE and a massive amount of money created was injected into the banks post 2008 to stop them collapsing, they hold on deposit 680 billion with the BOE and for some reason we pay them interest on money we created.
Even Reform were talking about tapping into this and reducing the interest payments freeing between 20-30 billion just by paying 2% instead of 5.5%
@SlowhandGreg The 3 trillion is in pounds. If we're talking dollars. It's closer to 4 trillion in debt. Add pensions and other liabilities. You are easy talking 10 trillion+ in either pounds or dollars. The UK is on a massive downward whether you want to admit or not
If the Tories could divert billions into friends pockets im sure we can find the money
I've got an idea. Why don't Labour take proceedings to recover the billions stolen by businesses that didn't even exist but claimed grants during COVID? I'll tell you why they won't. It will upset a certain demographic who always vote Labour.
If you think this is a Labour v Tory think you haven’t been paying attention… the political classes on either side are as bad as each other
The honeymoon period for the gullible and naive will be very short-lived, pal, when they realise Starmer is not the new Messiah.😅
All on borrowed money and these pay rises will come from the same debt. The UK is bankrupt
That money will be funnelled into the pockets of their friends instead 🥰
They have just give it all to Ukraine 😂😂😂
its a loan over 15 years check your facts
Reply
Everything is the problem of the last Administration. We will hear that for 5 years. They are already spending like money grows on trees.
In what way are they spending like it's growing on Trees do enlighten me?
The conservatives could find money when it suited their own pockets.
85 million to turkey and other countries about imigrants ?
Money comes from taxpayers. They say this generally I would assume they think money comes from a fairy tree.?
It gets printed by the government actually
@SlowhandGreg oh dear. Supply and demand is not good for the economy.
Reality kicks in
The thumbnail is ridiculous. Didn't see them when we pumped billions into the Ukrainian coffers. When we built a useless NHS app. When we bought masks our nurses couldn't use. Great reporting from the times as always *not*
You sound like a Russian with desperation to stop giving arms to a European country under our protection.
Labour: "Don't worry. We arent irresponsible spenders. We'll be super responsible with the budget".
Also Labour within the 1st 2 weeks of government: "We're giving a £3Billion pay rise to public sector workers and almost £100Million to Africa".
Media: "With what money?"
Labour: "We're launching a review".
Before the election labour were saying everything has been carefully planned and costed ...thats see
Yet did they have prior knowledge of the public sector pay review?
The Tories have been suppressing public sector pay for 14 years and increasingly filling the posts with cheaper migrant labour so do you want Labour to start fixing things or not?
Of course they have the money...they are going to check pensioners bank accounts and stop paying pensions if they have ..'too much'
Nom Dom's are leaving, never saw that coming....
@vincentblack7467•Sadly they can’t sell up so freeze the assets !Bingo problems solved if they have a house seize it -Many of us are bloody starving there are no ration books this is worse than thatcher we been left in a big mess -No nothing…
No chance of any rise unless they take from YOU!!Money does not now grow on their trees!!
The government prints it
How many times did he mention ‘INHERITED’ ? & let’s face it, Labour is going to bring the ‘look @ what we inherited’ in every sector. In every department. So, all in all, just like the tories, just point the finger @ the other side.
The easy way is to tax Amazon .
Stop paying for immigrants to stay in hotels it's costing millions a year and start looking after the people in your own country who were born in it before outsiders
They can’t afford it…the tax payer will have to.
As private Frazer used to say quite regularly, we,re doomed 😂😂
They have money for wars
Let the taxing begin.
Sue gray handed over 310 million to Ireland for a stadium to be built.. This is what we are dealing with..
Thanks Labour 🙄
Careful Kier don't do a Truss.
I do wonder why we bother asking politicians questions.
Take the money going to Ukraine and give it to our NHS!
Our nhs has had more than ever a me still missspends
They've been instructed to give it to Ukraine ?? By whom I hear you ask ?? well, when you find that out for yourself, you'll be on the right track ! These are the people who are currently discussing means testing your right to state pension ??? - The one you paid into all your life >>>> Who's the mugs here ?
No need. Labour can raise capital gains tax.
No amount of money will cure the NHS with the world coming here using it. The better it gets the more people that come.
Ukraine is under our protection, comrade
Tax increases here we come!!
They can sure afford to house unwanted 'guests' in 4* hotels, they in the now hundreds and thousands and it is 50k per head minimum.
They'll borrow it ! - they always do ! It's a strategy un-fathomable to the public ??? - " Borrow your way out of debt " !! it's an age old tested Labour way of life.
Are the labour government give us a bank holiday, if the UK wins more gold medals at this Olympic games than the last one? Or is it easier to shout from the 'cheep seats', than to make dicisions about other people's monies and taxes?
Give it a parliament or 2 and the emotional masses will vote back in the tories 😂..... Clowns everywhere.
go and borrow it like last time then leave us in massive debt when voted out
Of course we dont have the money - here come the tax rises!
I always say Same lies different colour tie
No… they don’t - the “costed” manifesto was based on taxing non doms more and encouring investment in the UK… but because of Starmer’s tax changes non dons are changing their tax residency and investors are leaving the UK
Instead they are taking about using our pensions and making pension providers invest more in the UK… don’t waste my pension on crummy UK investments, I want best returns possible.
I’ll be suing my pension provider for not acting in my best interests if they go along with this.
Legally pension providers are committed to finding the best returns.
Unfortunately ideology has gripped the establishment for so long you should probably be worried about what they consider a good return.
I've heard 25% are leaving, and Labour said it would be 2%..
What do you mean, of course they have the money, They’ll just print as some more.
Make it all public sector not just the headline teachers and nurses. They have had below inflation rises while funds have been cut to the point an administrator does the work of 5 and does critical work.
It doesn't matter if the country can afford it or not, as the unions own the labour party they'll get their way regardless, expect many more strikes over the next few years,
WAHH WAHH LABOUR WAHH
Just do anything anywhere to keep the public quiet
Miliband spending millions 😮
Anyone else thinks this discussion/interview is bonkers? The same question and answers in circle, in every answer there is the blame on the old regime with no constructive thoughts, promise and indication. What was the reason of the interview anyway, just to know that they are looking at the "urgent issues that they've inherited from the old government"?! Madnesss
Our butler takes billions of money in payment from us and then turns his back on us so yes, there's absolutely LOADS of money, but where is our services from our butler??
It was easy to criticize for Labour. Now they have to do something and they are paralyzed. This won’t end well.
Politicians should take a pay and sub cut.
8 millinon a day
Hotels for immigrants
FFS
SORT IT OUT !!!!
STOP THE BOATS !!!!
You can’t stop the boats unfortunately. But you can set deterrents which would be condemned by humanitarian services no doubt but you have got to have the stomach to accept all the horrible titles it attracts and bilateral ties that may be lost too.
@@stanugoh9871 excellently put stu
£84 million would pay for lots of blokes to stand on French beaches with anti-inflatable pointy sticks.....
How many times can someone say. We inherited. Why come on tv. To answer questions and not answer any?. Typical MP.
Freedom of speech is not a crime
Quoting the Torygraph😂😂😂
To all those who deserted the Conservative party at this election, your going to recieve your reward.
You have plagued this country with socialism. Ruthless taxation and misery.
Your now going to see what labour are really about, a Net-zero dictatorship
Nope but they give our council tax to Lockheed Martin and pay billions to other countries
why is my bank account closed and now in my dads name as if im dead when im not dead
He stole ya money heehee
here is the winter of discontent
We've had 14 winters of discontent, another one won't make much difference. The Tories have terminally damaged our economy, it remains to be seen if it can be salvaged, although one more financial shock will finish us off for good, so it's best not to have Tory incompetence at the helm anymore..
@@CommNotesyes now we have the other side of the great uniparty they will surely turn the sinking ship around!
Simples, gov will just print or give away your money. 2bn for Ukraine no problemo, so few bn for public sector is nothing.
If you know anything about economics then public sector is not producing anything
Public sector isn't there to produce money it's to provide public services
@@trevormannsfieldAt massive cost and inefficiency. If you wanted to buy an apple would you pay a beuracracy to decide what apple you can have and make you pay to be in on waiting list for it.
They seem to be able to support every country but their own
You don't get rich working for someone else. You have to make them a £Million before they give you £2. Labour have to create jobs and get Britain back being a Production Powerhouse.
Again with the inheritance how many times are we going to hear that. Action is better than talking about it. This man will still be blaming the tories in 4-5 years incapable of any truth
Of course, more taxes duh. Socialism at it's finest.
Would respect them more if they should said No
Labour new before they got in they couldn't afford it people were warned they would be paying an extra £5 on income tax
Where is all this money coming from? Rachel Reeves comes across as condescending and false.
I do believe that we should always take our news cues from the right-wing press, Mr Boulton.
After all, they've always played a straight bat when it comes to being honest. The Express headline will, of course, represent the absolute truth, and the Telegraph has never had a particular political axe to grind. God forfend, Mr Boulton, that you should think up your own talking points.
Money for President Zelenski ‘s wife to buy a Buggati . Well done
He’s the worst person to be interviewed! Typical politician public hates! Repeat the questions, blame game and avoidance
But we can give £3 billion a year to Ukraine 🤔🤔
Take a shot every time this Herbert says inherited. Ffs
Well looky here they don’t know if they have the money 🤔 how’s about you take back the promise to hand over 80 mil +’ to the war in Ukraine n keep it for the people of Britain 🤷♀️ how easy is that?
Or you could ask for a refund of France 🤨
Lets call it what it is "the get out clause" The pendulum just swings and nothing really changes. the same arses on the same seats making our lives a misery. look at what the country was like in your own lifetime and what it is now.
Look after your own ffs stop helping others this is going to get worse folks
If you do then reduce our national debt
Maybe if they stopped supporting Israel from RAF Akrotiri or stealth funding Israel they may have the money for this. All the defence spending this government does goes straight into Israeli owned UK defence companies and the money disappears offshore.
Its all about MONEY with our
parliamentarians, less about
running the country smoothly.
Greed is not good. R
So the public sector threatening strike if don't get at least 5.5% are worried about
.. running smoothly. Not. Not money?
This is labour, it’s not their money so why would they care.
Was it the cons money that was wasted over the last Fourteen Years.
If they are interested there is an abundance of free building materials that could revolutionise our economy and society. I’ve offered to share the idea but of course being English they know everything
How can gthey afford not to do it? Properly compensating workers reduces turnover and will eventually pay for itself. Right now we are throwing money away with agency staff and consistent training of new starts etc.
ThI y better not do this by increasing tax on everyone else. 5.5% pay rise, I wish I could have this level of pay increase.
No it will be carried out through debt and inflation.
@@liammiskell3522 Yeh, right. They will do what Labour always do…. Tax middle England to the brink.
You mean us the tax payer, and the answer is no
Plenty of money for foreign nations.
A cradle to grave Welfare State; a National Health Service; a functioning system of Law and Order with police, courts and prison service; Armed Forces that the government is ultra keen to draft school leavers into; and a vast Civil Service and bureaucracy to administer over all of it.
Each of these costs massive amounts of money that is either paid from the revenue raised from taxation or borrowing money from the Bank of England. If taxation is too high, the higher earners and businesses will go where they aren't taxed too much. Borrowing will simply mean that future generations will pay it all back in the form of higher interests. Or they can print more money and the Pound will lose it's value making it increasingly difficult to borrow more money.
The only other option is cuts and to layoff workers.
Those are the choices and it will be very interesting to see which one the Labour government go with.