Pay Pact News Today : Breaking News, Live Updates & Top Stories | Vimarsana

a very good thursday morning to you. i'm jim sciutto. >> and i'm erica hill. janet yellen is going to be on the hill where she is going to be talking about the budget, and there is going to be plenty of questions about the budget and she is going to need a calm tone where she tells americans that their deposits are safe. we will bring that to you live. and the moment when a russian jet collided with a american drone causing it to crash into the ocean. we will show you how. we rebbring you to the statf the u.s. economy now. >> matt egan is joining us, and everybody is paying atten...

U.k. are at 4% and comparable to where they are here in the united states, and are you seeing the cracks in the financial systems because of the rates? >> we believe that the financial system is robust, but inflation is too high, and we want to bring it down, because inflation is bad for families in the u.k. just as it is bad for the families in the united states, and we have set a course, and i announced it yesterday at my budget to bring the budget down to less than 3% within the year, and we believe we are on track to do that, but it is not about the stability of the financial system and it...

What does the pay review body say? this is an independent body set up ljy this is an independent body set up by the government to look into pay. they recommended a 4.75% increase on average across the nhs. that is what ambulance staff have been offered. you mentioned the nurses union, has asked for 5% above rpi inflation. the unions representing ambulance staff have not put a figure on how much they would like to see, they would just like to see, or may make the point that at the moment the pay award, because it is already in people's pay pact, it has not kept up people's pay pact, it has not ...