由于Covid法案达到3760亿英镑,Rishi反对巨额薪酬交易

由于Covid法案达到3760亿英镑,Rishi反对巨额薪酬交易 – 包括另外 40 亿英镑的铁路支撑: Chancellor warns there is NO new money for extra public sector hikes

  • NAO has given final update on the Covid cost with spend due to hit £376billion
  • Extra costs since September include £4billion more to bail out rail operators
  • Rishi Sunak has warned ministers not to expect extra money for big pay hikes
  • Rishi Sunak warned he will not splash the cash on public sector pay hikes today as the £376billion cost of Covid were laid bare.

    The Chancellor underlined the need to be ‘responsiblewith the public finances after the Treasury told Whitehall departments any extra wage boosts must be found from within existing budgets.

    The intervention came as the government’s spending watchdog revealed its final update on the bill for the response to the pandemic.

    The eye-watering total is now £376billionnotably including another £4billion in recent months to keep emergency bailouts in place for train operators this year. Rail unions are on strike demanding a 7 per cent pay hike that the government says is unaffordable.

    The parlous state of the government’s books was also revealed in new figures showing it borrowed £14billion in May, and interest payments on the £2.4trillion debt mountain hit a record £7.6billion due to soaring inflation.

    Covid spending is now expected to total £376billion - notably including another £4billion in recent months to keep emergency bailouts in place for train operators this year

    Covid spending is now expected to total £376billionnotably including another £4billion in recent months to keep emergency bailouts in place for train operators this year

    [object Window] (pictured in Downing Street yesterday) has underlined the need to be 'responsible' with the public finances after the Treasury told Whitehall departments any extra wage boosts must be found from within existing budgets

    [object Window] (pictured in Downing Street yesterday) has underlined the need to be ‘responsiblewith the public finances after the Treasury told Whitehall departments any extra wage boosts must be found from within existing budgets

    UK borrows another £14bn as debt interest soars

    The government borrowed another £14billion in May despite the rising tax burden, 如 业主还遭受着包装成本飙升和能源账单打击他们的利润 sent interest payments soaring.

    The costs of servicing the near-£2.4trillion debt mountain surged to £7.6billion, a record for the month.

    That helped offset the increase in income for the government from higher taxes.

    今天,总理说他已经缩短了行程,并将在今天早上与老板们举行面对面的会议 Rishi Sunak insisted the grim figures underlined the need to be ‘responsible with the public finances’ – as unions clamour for huge pay rises to deal with the surging 业主还遭受着包装成本飙升和能源账单打击他们的利润.

    There are worrying signs that the economy is on the verge of slipping into recession as the Ukraine crisis and Covid aftermath bites.

    广告

    Mr Sunak made provision for pay rises of around 3 per cent in the spending review in November, but at the time inflation was expected to average around the same level this year. It is now likely to be more than double that.

    然而, 据泰晤士报, ministers have been given the message that there will be ‘no new moneyfor higher wages.

    Responding to the public finances figures today, 苏纳克先生说: ‘Rising inflation and increasing debt interest costs pose a challenge for the public finances, as they do for family budgets.

    ‘That is why we are taking a balanced approachusing our fiscal firepower to provide targeted help with the cost of living, while remaining on track to get debt down.

    ‘Being responsible with the public finances now will mean future generations aren’t burdened with even higher debt repayments, and we can secure our economy for the long term.

    The National Audit Office’s Covid final update to its costs tracker showed that the bill has risen by £6billion since September, to £376billion.

    Support for businesses, including furlough and the Bounce Back Loan scheme, had the highest total forecast cost of £147billionalthough that was down £7billion from September.

    Health and social care spending is estimated at almost £89billion, £5billion more than previously anticipated.

    Public Accounts Committee chair Meg Hillier said: ‘The pandemic has had a devastating impact on people’s lives. While the human cost is incalculable, the cost of government’s COVID measures is close to £400billion. Many of these measures will have cost implications for years to come.

    ‘Visibility of COVID spending is crucial for proper accountability, so the taxpayer can challenge government on how their money is spent.

    The costs of servicing the near-£2.4trillion debt mountain surged to £7.6billion, a record for the month