Heather Jameson 02 November 2017

Rate rise adds 'insult to injury' for public sector workers

Rate rise adds insult to injury for public sector workers image

The Bank of England's interest rate rise adds 'insult to injury' for public sector employees, union chief Dave Prentis has claimed. 

Unison general secretary Mr Prentis called on chancellor Philip Hammond to find more cash to pay for pay rises in the Budget later this month, following the 0.5% rate rise announced today. 

Mr 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.'

Overcoming the barriers to Commercial Card use image

Overcoming the barriers to Commercial Card use

Want to reap the benefits of Commercial Cards but coming up against some challenges? James Sykes, Head of Commercial Cards, Lloyds Bank and David Legg, Head of Corporate Card Products, Lloyds Bank, discuss how the payments industry is helping organisations unlock their true value.
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