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David Cameron: ‘It’s time Britain had a pay rise’

Prime minister David Cameron will encourage businesses to boost wages as the economy picks up in a speech to the British Chambers of Commerce today, according to reports.

He will say economic conditions have “not been this good for a long time” and that he is “confident more businesses will pass on that good economic news to their workers in rising pay cheques and higher earnings”, the BBC reports.

Cameron will say: “Economic success can’t just be shown in the GDP figures or on the balance sheets of British businesses but in people’s pay packets and bank accounts and lifestyles.

“The most recent figures show that wages are already growing faster than inflation and as the economy continues to grow it’s important this continues and that everyone benefits.

“Put simply – it’s time Britain had a pay rise.”

But TUC general secretary Frances O’Grady says: “There are nurses, midwives and public sector midwives across the board who will find it a bit rich that the government is calling for a pay rise for everybody but them.”

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Comments

There are 7 comments at the moment, we would love to hear your opinion too.

  1. Well Mr Cameron is it alright to reclaim the pay rises when the oil price goes back to it’s previous level?
    You can’t base permanent pay rises on temporary circumstances–What an electioneering muppet!!!!

  2. Good Mortgage Man 10th February 2015 at 10:45 am

    He should start by practising what he preaches by giving public sector workers pay rises then!

  3. Perhaps at the same time he can crack the whip with the lenders & sort out a bigger increase in procuration fee payments.

  4. And maybe stop his Chancellor throwing all the giveaways at pensioners and start spreading some of the largesse to the rest of us.

  5. I’d much rather business keep mopping up excess labour than give rise to any inflationary expectations earnings or prices. Times may be better than they’ve been in a while but it’s not like the nearterm outlook is benign.

  6. I thought the FCA got regular pay rises, at our expense? So perhaps give us some back and we can have one as well.

  7. I think DC is being fair here. Corporate finances are in much better shape than the UK governments, balance sheets are healthy and earnings are strong, and have been since before the collapse in oil prices. If salaries rise, tax receipts go up and maybe public sector can enjoy the benefit.

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