All posts tagged: aboveinflation

ASCL wants ‘fully-funded, above-inflation’ pay rise in 2024

ASCL wants ‘fully-funded, above-inflation’ pay rise in 2024

Government also needs plan to “fully restore the erosion of pay” since 2010, says leadership union Government also needs plan to “fully restore the erosion of pay” since 2010, says leadership union More from this theme Recent articles The ASCL school leaders’ union has demanded a “fully-funded, above inflation pay increase” next year and a plan to “fully restore the erosion of pay” since 2010. In its evidence to the School Teachers’ Review Body, which makes recommendations on teacher and leadership pay every year, the union said once the “real-terms value of pay has been restored”, annual uplifts must “continue to be fully-funded” and keep pace with inflation. It comes after the government warned the STRB it wanted to see pay rises return to a “more sustainable” level than in the last two years, when pay rose by 5 per cent and 6.5 per cent respectively. The government’s analysis has also predicted schools will only have headroom to raise spending by 1.2 per cent next year, which would only cover a rise of around 2 …

Households in England face above-inflation £2bn council tax raid | Tax and spending

Households in England face above-inflation £2bn council tax raid | Tax and spending

Households across England are facing an inflation-busting £2bn council tax raid this spring despite Rishi Sunak’s promise of pre-election giveaways to save his premiership. In a deal to address the worsening financial crisis hitting town halls across the country, officials in Michael Gove’s levelling up department have told local authority bosses they expect the maximum possible 4.99% increase to be applied to council tax in April. The increases are likely to add about £100 to a typical band D council tax bill, adding to the financial pressure on families, with inflation currently at 4%. It comes as Sunak prepares to put cuts to income tax at the heart of the Tories’ re-election strategy, with a raft of measures expected to be announced in the spring budget, to be paid for by “difficult decisions” to limit spending on public services and welfare. Local government leaders and experts warned that by raising council tax, the burden of the financial crisis in councils was being shifted to the poorest households. David Phillips, an economist at the Institute for …