Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential implications for his policies on public sector pay awards of the increase in the Bank of England base rate to five per cent.

The independent Pay Review Bodies (PRBs) provide recommendations on the pay awards for most frontline workforces including teachers, armed forces, and police officers. The PRBs consider a range of evidence when forming their recommendations, including the economic context facing the UK; and the Government’s inflation target.