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Transcripts for BBCNEWS Outside Source 20240604 19:24:00

to just over 11 % this year. wages are struggling to keep up, particularly in the public sector where pay rises are averaging less than 3% a year. that s leaves a cost of living gap. i asked him several times to please discuss play with me pay i lost count of the number of times i asked it and each time we returned to the same thing. that there was no extra money on the table and he would not be discussing pay with me. i m extremely disappointed at the belligerence that was shown. they close their books and walked away from the nursing profession this afternoon. the government though says it s concerned that if wages rise too far that will make containing inflation harder. and this is what the prime minister risi sunak told our political editor chris mason a short time ago. i ve got an enormous respect and gratitude for all of our public

GBP/USD dips below 1 1300 as the Sunak effect fades

The pound is depreciating moderately on Monday, despite the initial positive reaction to the news about the election of Rishi Sunak as the next Prime

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