The chancellor is expected to accept the recommendations of public sector pay bodies for pay rises on Monday - in a move that economists believe could cost up to £10bn.
The NHS and teaching public sector pay bodies are reported to have recommended a 5.5% rise - and similar advice is likely to have been given by other pay review bodies, covering workforces such as doctors and dentists, armed forces, prisons and police officers.
The rises would help reverse years of declining wages, deal with staff shortages and see off the threat of industrial action.
Reeves is expected to confirm the pay rises as she sets out her case on Monday that the Conservatives left the government with a dire economic inheritance, including a black hole of £20bn. Despite the difficult economic circumstances, she is expected to make the argument that the pay rises are necessary to avoid the costs to the economy seen in the waves of strikes under the Conservatives.
As part of the process, Reeves asked for an analysis from Treasury officials on the cost to the economy of industrial action, with the strikes of 2022 and 2023 all having a knockon impact on productivity.
This is understood to have found that every day of teachers' strikes cost the economy £300m because of lost working hours, while industrial action in the NHS cost £1.7bn in total to the taxpayer.
هذه القصة مأخوذة من طبعة July 27, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 27, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Tielemans leads Villa triumph at Young Boys in flying start
An hour before kick-off the few hundred Aston Villa supporters admiring the view from their seats cheered the first rendition of the Champions League anthem over the speakers and their mood was similarly jubilant after watching their team ruthlessly dispatch the Swiss champions on their first foreign assignment at this level for 41 years.
Konaté and Van Dijk head Liverpool home after early Milan scare
A stirring comeback against Milan: say what you like about Arne Slot, but at least he knows his history.
Seventh heaven for United as Rashford tucks in for duck-shoot
Antony's penalty in this evisceration means the maligned wide man needs only two more goals to equal the three last season for Manchester United.
No magic bullet Why a British-Irish league is not the answer to rugby's financial problems
In a perfect world the countdown to a new season would be all about the rugby.
Biometric EU border checks expected to be delayed again
The full implementation of an EU entry-exit system introducing fingerprinting and facial recognition checks at ports and airports is expected to be delayed again amid fears over congestion and long queues.
Combs faces charges of sex trafficking and racketeering after arrest
Sean \"Diddy\" Combs is facing charges of sex trafficking and racketeering, according to a federal indictment unsealed yesterday that alleged he also engaged in kidnapping, forced labour, bribery and other crimes.
Pressure on Secret Service after Trump 'assassination attempt'
The Secret Service did not search the perimeter of the golf course where a suspect lurked for nearly 12 hours in the hope of killing Donald Trump, the agency has admitted.
'Hell on Earth' Children starve as civil war grinds on
In the small town of Tawila, in Sudan's North Darfur state, at least 10 children are dying of hunger every day.
First image of doomed Titan after implosion
The first picture of the Titan submersible following its deadly June 2023 implosion was revealed on Monday by the US Coast Guard as authorities opened a public hearing into the deaths of five people onboard.
Spain's green Socialist gets top European Commission role as leader sets out plans
Spain's outspoken Socialist deputy prime minister will take charge of Europe's \"clean transition\", it emerged yesterday, as Ursula von der Leyen outlined the choices for her team of 26 top officials.