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.”