Clegg pledges to protect public servants' pay

clock

Millions of public sector workers would have their pay protected under Liberal Democrat plans.

Wages would rise in real terms for two years from 2016, and then above inflation once the deficit has been eliminated, party leader Nick Clegg has said, according to the BBC. Public servants had "made enough sacrifices", he said. But the PCS, the union of civil servants, said in real terms Lib Dems had cut the "pay, pensions and jobs of public servants" in government. Public sector pay was increased by up to 1% in March, with schools entitled to give top-performing teachers a rise of up to 2%. This followed a 1% rise in the previous two years, which was preceded by a two-year fr...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

'Wait and see approach'

Michael Nelson
clock 05 February 2026 • 2 min read
Kevin Warsh's surprise pick for Fed chair forces investors to rethink 'dollar debasement'

Kevin Warsh's surprise pick for Fed chair forces investors to rethink 'dollar debasement'

'Catalyst' for rapid repricing

Alex Sebastian
clock 04 February 2026 • 4 min read
Partner Insight: A new VCT landscape - what advisers need to know after the Budget

Partner Insight: A new VCT landscape - what advisers need to know after the Budget

For professional advisers and paraplanners only. Not to be relied upon by retail clients.

Toyin Oyeneyin, Tax Product Specialist, Octopus Investments
clock 19 January 2026 • 5 min read