been made yet. what announcement has been made yet. what is coming in are some of the statements concerning that. let s remind you what we are expecting stop eight pay review bodies have put together a recommendation for next year s pay rise. that recommendation has gone to the chancellor and the prime minister. they have been having meetings and, hopefully, shortly, we will have a statement on their final decision. in terms of the pay rises we are expecting those to be between 6% and 6.5%. that is what we believe has been recommended by the independent review body, the group of bodies. the cost of that, and this could be the crunch decision for the chancellor and the prime minister,
on bbc news. we will shortly be hearing the statement that is being made on next year s public sector pay rise. to talk us through the implications of what is decided, whether the cabinet is agreed on what and how the prime minister and the chancellor agree on, i am joined now by charlotte rose, our political correspondent at westminster. hello, charlotte. ., , correspondent at westminster. hello, charlotte- what i charlotte. good to be with you. what is currently taking. charlotte. good to be with you. what is currently taking. .. 0r charlotte. good to be with you. what is currently taking. or rather, - is currently taking. or rather, what are the chancellor and the prime minister having to balance? what balance are they having to strike next year s pay rise? this is a big balancing strike next year s pay rise? this is a big balancing act strike next year s pay rise? this is a big balancing act for strike next year s pay rise? this is a big balancing act for the - a big bala
interesting issues and questions we should be discussing. should be discussing. in terms of more difficult, should be discussing. in terms of more difficult, just should be discussing. in terms of more difficult, just add should be discussing. in terms of more difficult, just add a - should be discussing. in terms of more difficult, just add a little i more difficult, just add a little bit more for what the treasury minister has been saying. he says the government will do everything we can to tackle inflation. is that one of those more difficult decisions you are alluding to? that of those more difficult decisions you are alluding to? you are alluding to? that is the kind of thing. you are alluding to? that is the kind of thing. the you are alluding to? that is the kind of thing. the first - you are alluding to? that is the kind of thing. the first thing . you are alluding to? that is the kind of thing. the first thing i l kind of thing. the first thing i would say is that
this morning that the chancellor will be making this statement and talking to the media even before the statement? , ., , statement? yes, two things the chancellor statement? yes, two things the chancellor is statement? yes, two things the chancellor is trying statement? yes, two things the chancellor is trying to statement? yes, two things the chancellor is trying to do - statement? yes, two things the chancellor is trying to do this i chancellor is trying to do this morning, one is to calm the jitters in the markets and to try to make sure when we open this morning they knew something was coming. there has been for in the conservative party of the weekend, that if the markets didn t react posited that lead to the government, then it could be curtains for the pro minister. i think the treasury will be looking at government debt, government borrowing i should say. although, let s look at what happens in the longer term. the second thing we translate trying to do is to try to ca