Spending Review 2020 and OBR Forecast Debate

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Department: HM Treasury

Spending Review 2020 and OBR Forecast

Lord Cryer Excerpts
Wednesday 25th November 2020

(3 years, 11 months ago)

Commons Chamber
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Lord Cryer Portrait John Cryer (Leyton and Wanstead) (Lab)
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The Chancellor has announced a pay freeze for hundreds of thousands of public sector workers today who do not deserve it. Firefighters, care assistants and teaching assistants will all suffer a pay freeze. What is the assessment of the economic impact of that pay freeze? There must be one in the Treasury somewhere. What is it?

Rishi Sunak Portrait Rishi Sunak
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It would be wrong to describe this policy as a blanket pay freeze when a majority of those working in the public sector will see an increase in their pay next year, because they earn less than the UK median salary of £24,000 or they work in the NHS, or, indeed, they are on the national living wage. Across all those areas, there will be a pay increase. That will benefit millions of people and make a difference to the economy.