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A pay bonanza for City lawyers, bankers and IT workers, has widened the pay gap between London and the rest of the UK, a new analysis shows.

Rishi Sunak has put pressure on junior doctors and consultants to accept the Government’s new pay deal as he warned a series of rises set out today would be his “final offer”.

Public services in Scotland are facing savage budget cuts after it emerged no new UK Treasury funding would be sent to Holyrood to help pay for the huge pay rises being handed out by the SNP.

Foreigners who temporarily move to the UK will have to pay an extra £400 a year towards health services to help fund the big rise in public sector wages announced by Rishi Sunak.

Rishi Sunak has expressed concern that unaffordable pay increases could trigger a ‘wage-price spiral’ amid stubbornly high inflation.

Andrew Bailey has blamed “unsustainable” pay rises for stoking inflation as the Bank of England lifted interest rates to 5pc in an attempt to tame rampant price growth.

Pakistan unveils a 14.5 trillion rupee budget to tackle debt and revive the economy. Find out about the challenges, inflation, development projects, and political implications.

The supermarket said it marks its biggest ever investment into its front-line workers’ rewards, which will come into effect from April.

The First Minister said there was a case for the UK Government to make a ‘large scale intervention’ into the cost-of-living crisis.

The crisis in public education will not be solved by pitting teachers against each other, or by outsourcing the responsibility to find graduates good jobs. Mary Merkenich argues for greater funding for smaller classes and more teachers on fair wages.