not, on the money, albeit less of it? last year you may remember that the governor of the bank of england andrew bailey told you not to ask for big pay rises to stop prices rising out of control. they are perhaps not so much happened as of doom and bust but of truth. they worried about and in inflationary spiral where prices push inflation out of control and uk inflation of course running around 10%, food inflation much higher than that, thatis inflation much higher than that, that is around 17%, 18%. of course workers across the public sector right now are involved in industrial action over pay rises. so is mr pill right? do wejust action over pay rises. so is mr pill right? do we just need to get used to being poorer? do you accept being poorer? let s talk. get in touch. and here is the news. the government says that over 200 british nationals have been airlifted out of sudan so far. three raf planes have already touched down in cyprus and more are expected to follow. evacu
Game of pass the parcel, where each player is unwilling to accept the burden of higher prices and they pass it on and they pass it on and they pass it on and there is your spiral. and he s criticising businesses too in all this. does he have a point? we have lived so well, so long, as a poet once said. low inflation rates, is it a case of it is so over? rich coming from him, you might say, and indeed andrew bailey, the governor of the bank of england. with reminding ourselves what he said. he told workers, he told you, not to ask for a pay rise told you, not to ask for a pay rise to keep up with inflation. so if you run a business, if you are negotiating wage rises and were feeling the pinch or maybe if you are on strike thinking to go on strike, prosperity is history, austerity normality, is thatjust a fact of life? or is it something with which you will not put up with? one prime minister said you never