Study commissioned by NHS unions argues initial cost would be offset by increased tax revenues
A substantial pay rise for NHS staff in England battling the coronavirus pandemic would cost the exchequer only a fifth of the headline price tag and boost Britain’s struggling economy, according to a report.
Setting out the economic case for raising the wages of England’s 1 million nurses, midwives, health professionals and NHS support staff, researchers from the London Economics consultancy said 81% of the cost of a 5% or 10% pay rise would be recovered by the government.
