Public sector cuts: Boris Johnson teachers’ pay rise pledge in doubt

Boris Johnson’s election pledge to pay newly qualified teachers £30,000 is in doubt despite unions threatening industrial action and warning of an ‘exodus’ from the profession. Rishi Sunak is preparing a ‘pay restraint’ across the public sector, despite the £6,000 pay rise being a key policy in the 2019 Tory manifesto. Johnson had pledged to … Read more

Foreign aid cuts: David Cameron and Tony Blair warn Boris Johnson

David Cameron said Boris Johnson’s rumoured plan to cut Britain’s foreign aid spending by £5billion would be a ‘moral, strategic and political’ error – while Tony Blair has slammed the proposals as ‘a profound strategic mistake’. Intervention from the two former Prime Ministers follows reports that Boris Johnson is planning on slashing the £15billion international development budget to … Read more

David Cameron and Tony Blair warn foreign aid spending cuts are a ‘profound strategic mistake’

David Cameron said Boris Johnson’s rumoured plan to cut Britain’s foreign aid spending by £5billion would be a ‘moral, strategic and political’ error – while Tony Blair slammed the proposals as ‘a profound strategic mistake’. Intervention from the two former Prime Ministers follows reports that Boris Johnson was planning on slashing the £15 billion international development budget … Read more

Boris Johnson’s pledge to raise new teachers’ pay to £30,000 in doubt as unions threaten strikes

Boris Johnson’s election pledge to pay newly qualified teachers £30,000 is in doubt despite unions threatening industrial action and warning of an ‘exodus’ from the profession. Rishi Sunak is preparing a ‘pay restraint’ across the public sector, despite the £6,000 pay rise being a key policy in the 2019 Tory manifesto. Johnson had pledged to … Read more

UK Economy: Rishi Sunak to rewrite Treasury’s rules to help North

Rishi Sunak is set to rewrite Treasury’s rules to ‘level up’ the North: Chancellor will use spending review to ensure investment in infrastructure previously skewed towards London and South East Rishi Sunak set to abolish the Treasury’s ‘Green Book’ rules on public investment Critics say the rules have favoured pumping investment into wealthier areas Treasury … Read more

Rishi Sunak faces union fight over pay squeeze for five million public sector workers

Unions squared up for a fight with Rishi Sunak today as it was revealed millions of public sector workers face a pay squeeze to help pay for the coronavirus pandemic. Chancellor Rishi Sunak plans to use next week’s spending review to unveil a new era of ‘pay restraint’ to plug the black hole in the public finances … Read more

Public sector debt hits new high of £2.08TRILLION

Public sector debt hit a new high of £2.08TRILLION at the end of October as the Government borrowed £215billion in just seven months to prop up the UK economy during the coronavirus crisis Office for National Statistics said UK public sector debt has now hit £2.08trillion The Government borrowed £215billion in the seven months to … Read more

UK economy: Pay cuts for 5m public sector workers due to pandemic

Millions of public sector workers face a pay squeeze to help pay for the pandemic. Rishi Sunak will use next week’s spending review to unveil a new era of ‘pay restraint’ to plug the black hole in the public finances. The Chancellor believes it would be ‘unfair’ for more than five million public sector workers … Read more

Boris Johnson vows to make the UK the ‘foremost naval power in Europe’

Boris Johnson today vowed to once again make the UK the ‘foremost naval power in Europe’ as he said a £24 billion boost to the budget of the Ministry of Defence will ‘spur a renaissance of British ship building’.  The Prime Minister said the UK must not ‘curl up in our island’ and leave the … Read more

Ben Wallace: £24bn funding boost is enough to fill MOD blackhole

Ben Wallace today admitted he does not know how the Government will fund a £24 billion budget boost for the Ministry of Defence amid fears UK foreign aid spending will be raided. Boris Johnson has announced the armed forces will receive an extra £16.5 billion over the next four years on top of a previous … Read more