Public sector pay pinch to cost Yorkshire and Humber economy £1.3bn by 2020

    The GMB union claims that analysis it has carried out reveals the Governments’ public sector pay pinch will cost the Yorkshire and Humber economy £1.3bn in lost wages by 2020.

    Currently, public sector workers are subjected to a 1% pay cap – meaning that their earnings are kept below inflation.

    Between 2017 and 2020, each worker will be an average of £3,300 out of pocket.

    With more than 450,000 public sector workers in the region, it will amount to what the GMB believes to be just over £1.3bn less spent in the economy.

    A recent GMB report claims that the Government’s public sector pay policy was even more prolonged and severe than those pursued by Margaret Thatcher and John Major.

    More from Local and National News

    Listener Club

    Get more with the Listener Club!

    • Legal Show Legal Show

      Once a fortnight we dedicate a show to discussing legal issues and family / matrimonial law in particular. Alternate Friday mornings between 9am-11pm.

    • Bhangra Nights Bhangra Nights

      Get over the Weekday blues - Every Tuesday night is party night with the best Bhangra and Urban Asian Beats. The Bhangra Show every Tuesday between 8pm-11pm

    • The Golden Era The Golden Era

      The golden era of Bollywood celebrated in this weekly show full of classics taking you back in time. Every Sunday between 5pm - 7pm

    • Alim OnAir Alim OnAir

      Have you a question about the religious, cultural or tradition aspect of Islam? Then join Hazrat Maulana Fazal Dad in the weekly show every Friday between 8-9pm.