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Nhs staff have been offered an average pay increase of 4.75% by the government. that's well below the current rate of inflation, which is around 10.7%. the royal college of nursing has described the pay offer as a "grave misstep by ministers," and now they're calling for a 19% pay rise to cover rising living costs. the government says that figure is not affordable, given many other economic pressures facing the country. if we are to afford a 19% pay rise, we can only do that because of borrowing — which we saw the effects of government borrowing onlyjust a few weeks ago on the economy — ei...

Commission is expecting the scottish economy to follow the uk into recession in 2022 with gdp falling 1.8% between quarter one and quarter three. the commission forecast the recession to be similar in scotland to the rest of the united kingdom. according to the latest data, published yesterday, inflation now stands at 10.7% last monthly so inflation in the uk at its highest since 1981. businesses and households are facing additional pressures from rising interest rates with the bank of england base rate reaching 3.5% today following the largest increase since 1989. real household disposable in...

A vote on the base rate had been a 3%, put up to 3% last month, quite an aggressive rise, 0.75 but today we got this ninth rate rise to 3.5%. interesting, the committee was split. six members voted for this. one of them wanted to put it up by 0.75 again. but two wanted to keep it lower. what we want to know is how quickly they might keep going up. i think the thinking was they would go to for .5, 5% sometime next year. experts are now saying potentially as high as 4% and then start dropping. potentially as high as 496 and then start dropping-— start dropping. exactly and this 'ust start drop...

Going up and they had been going up at a huge rate, 11.1% in october. but that has pulled back a tiny bit to about 10.7%. the hope is that we have reached some kind of peak and hopefully the prices will come down again. some experts reminding us inflation is still at a a0 year high and stuff is very, very expensive and stuff is very, very expensive and it is too early to say whether we have peaked or not. fuel prices has started to ease off, as has the price of second hand cars. many because the supply chains are improving, things like oil and have started to ease a tiny bit but the price of f...

Have no prospect of staying in the country. so the hope that ministers haveis country. so the hope that ministers have is that by taking a firmer line on this they will stop people making the perilous journey in the first place. not everybody in parliament is convinced that this new strategy is convinced that this new strategy is going to work all that the deterrent will be enough, but after years of grappling with this subject, with this terrible crisis, with some of the terrible deaths we have seen in recent years, the government is hoping now that it has more plans that can at least stop ma...