Responding to the announcement today (Thursday) that interest rates will rise to 0.5%, UNISON general secretary Dave Prentis said:
“This rate rise adds insult to injury for public service employees suffering from years of wage freezes and limits on their pay.
“Spiralling debts and increased mortgage payments are the last thing hardworking public servants and their families need. They all deserve a decent pay rise that more than matches the rising cost of living.
“The Chancellor should show he understands the financial pressures they’re under and find the cash in the Budget to fund their long overdue pay rise.”