Education secretary Gillian Keegan has warned the School Teachers’ Review Body (STRB) to consider the impact of next year’s pay recommendations on inflation.
In her remit letter to the body, published today, Keegan said it was “particularly important that you have regard to the government’s inflation target” when drawing up proposals for 2023-24 pay awards.
She said they must “strike a careful balance, recognising the vital importance of teachers and other public sector workers, whilst […] not increasing the country’s debt further, and being careful not to drive prices even higher in the future”.
The government has set the Bank of England a target to keep inflation at 2 per cent. The current rate of inflation in the UK is 11.1 per cent.