Publication - Strategy/plan
Public sector pay policy 2024 to 2025
Public sector pay policy for the year 2024 to 2025 sets out the framework for pay increases and applies to public bodies with settlement dates in the year between 1 April 2024 and 31 March 2025.
Financial year inflation forecasts
| Bank of England (May 24) | OBR (March 24) | Average | |
|---|---|---|---|
| 2024-25 | 2.4% | 1.6% | 2.0% |
| 2025-26 | 2.4% | 1.6% | 2.0% |
| 2026-27 | 1.7% | 1.7% | 1.7% |