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Post by Seaboots on Feb 4, 2022 14:07:47 GMT 1
Andrew Bailey is the Governor of the Bank of England. He is asking for UK workers to not ask for a pay rise for two years to help the economy. Mr Bailey earns about £500 000 per annum, it’s all right for some.
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Post by tim17 on Feb 4, 2022 14:50:03 GMT 1
He is right but could have put across the message in a different way, if pay rises keep up with rampant inflation then it will just continue to increase which in turn will lead to higher interest rates until economic growth stalls or worst still goes backwards.
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Deleted
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Post by Deleted on Feb 4, 2022 21:55:29 GMT 1
Andrew Bailey is the Governor of the Bank of England. He is asking for UK workers to not ask for a pay rise for two years to help the economy. Mr Bailey earns about £500 000 per annum, it’s all right for some. But if Bailey is not asking for a raise why should anyone else 🤔 |
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Deleted
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Post by Deleted on Feb 5, 2022 1:17:06 GMT 1
Did he not think to ask energy companies and supermarkets not to raise prices?
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Post by tim17 on Feb 5, 2022 9:27:21 GMT 1
Often saying nothing is the best option, unfortunately Andrew Bailey chose to state the obvious when it's not what the general public want to hear especially coming from someone who is unlikely to be affected greatly from the raising of the energy price cap.
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Aardvark
Non-gamer
Living in soggy 22 and still wondering what's going on.
Posts: 2,172
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Post by Aardvark on Feb 5, 2022 13:09:18 GMT 1
Oddly similar to Boris saying what the general public do want to hear in order to keep his sorry ass in office. We still hear morons coming on the radio stating that he is doing a good job. It says more about the general public than about him when you think about it. How so many people swallow the BS he spouts and are deaf to hearing proof of lies and genuine evidence of his wrongdoing.
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