Workers should think and reflect” before asking for pay rises, £575,000-a-year Bank of England chief Andrew Bailey told MPs yesterday. The governor said high earners in particular should consider the impact of inflation before seeking salary top-ups as prices rises.
It comes as the Office for National Statistics (ONS) is later this week expected to confirm inflation has passed 8 per cent, while the Bank of England itself has warned it could is likely to peak at 10.25 per cent by the end of the year. Mr Bailey told MPs on the Treasury select committee: "I spoke in an interview about this. I do think people, particularly people who are on higher earnings, should think and reflect on asking for high wage increases.
Bu hikaye The Independent dergisinin May 17, 2022 sayısından alınmıştır.
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Bu hikaye The Independent dergisinin May 17, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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