Caroline Flint
Main Page: Caroline Flint (Labour - Don Valley)Department Debates - View all Caroline Flint's debates with the HM Treasury
(6 years, 4 months ago)
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Elizabeth Truss
I think that the fastest way to have redundancies is to create a run on the pound and overthrow capitalism.
Caroline Flint (Don Valley) (Lab)
This pay award comes on the back of 10 years of pay freezes, which are fundamentally cuts. What can the Minister say to reassure people that, under this pay award, they will not actually see a pay decrease in the years to come?
Elizabeth Truss
We have gone through a tough period in the aftermath of the financial crash, and the public sector has made a contribution. We are now at a turning point, with debt falling as a proportion of GDP. It is because of the hard work that has been done that we are now able to afford these pay rises, which are well deserved.