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Market
Which public sector workers will go on strike in response to the pay rise decision by the end of 2024?
1
Resolution / Starting Odds
Teachers only • 25%
NHS workers only • 25%
Both teachers and NHS workers • 25%
No strikes • 25%
Verified news sources, official union announcements
Story
UK Government Considers 5.5% Pay Rise for Teachers and NHS Workers Amid £3 Billion Cost Concerns
Jul 20, 2024, 11:43 PM
The UK Government is considering a 5.5% pay rise for teachers, nurses, and other NHS workers following recommendations from independent pay review bodies. This increase aims to address concerns over historic pay erosion, a retention and recruitment crisis, and chronic underinvestment in the public sector. However, the potential pay rise, which may cost an extra £3 billion according to the Institute for Fiscal Studies (IFS) and up to £10 billion according to an economist, has raised concerns about funding. Chancellor Rachel Reeves has indicated that the government will ensure the financial feasibility of these pay rises, even if it requires additional taxes or borrowing. Keir Starmer and Rachel Reeves have emphasized the importance of implementing these pay awards to avoid further dissatisfaction among public sector workers.
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Yes • 50%
No • 50%
Significant reduction in strikes • 25%
Moderate reduction in strikes • 25%
No change in strike frequency • 25%
Increase in strikes • 25%
Yes • 50%
No • 50%
Strike action with government concession • 25%
Strike action without government concession • 25%
No strike action with government concession • 25%
No strike action without government concession • 25%
5.5% • 25%
Less than 5.5% • 25%
More than 5.5% • 25%
No pay rise • 25%
Very Satisfied • 25%
Satisfied • 25%
Neutral • 25%
Dissatisfied • 25%
Pay Increase Insufficient • 25%
Working Conditions • 25%
Job Security • 25%
Other • 25%
Nurses • 25%
Paramedics • 25%
Consultants • 25%
Other • 25%
Yes • 50%
No • 50%
Significantly reduced • 25%
Moderately reduced • 25%
Unchanged • 25%
Increased • 25%
Significant improvement • 25%
Moderate improvement • 25%
No change • 25%
Worsening conditions • 25%