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Policy Paper Published 15 Dec 2025 HM Treasury ↗ View on GOV.UK

Economic Evidence to the Pay Review Bodies: 2026-27 Pay Round

HM Treasury’s Economic Evidence for the Pay Review Bodies as part of the 2026-27 Pay Round

▤ Verbatim text from source document

This document sets out the economic, labour market and fiscal context within which the government asks the independent Pay Review Bodies to consider their recommendations for 2026-27 pay awards.