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
Was 8.7% in may almost three times where it is in the us. the soaring cost of living has sparked a wave of strikes across the economy with junior doctors beginning a five day walkout today. the bbc understands the government could announce a decision as soon as today on pay rises for public sector workers including teachers, junior doctors and police officers. independent pay review bodies have recommended raises of up to 6.5%. but that would come at a cost of £5 billion which could mean cuts elsewhere. and some economists fear big pay rises will only fuel inflation further. the chancellor has been adamant they will not borrow more money, they do not want to take on more debt at a higher cost in terms of interest rates in order to pay for these public sector pay increases. some economists via big pay rises will only fuel inflation further. on wednesday the bank
And that us every day and now we have nine and that is us every day and now we have nine and that isjust a reality. we can print and that isjust a reality. we can print more and that isjust a reality. we can print more money and although sorts of things print more money and although sorts of things but it willjust put prices of things but it willjust put prices up. so in real terms we are uooren prices up. so in real terms we are uooren the prices up. so in real terms we are poorer. the real issue therefore is really poorer. the real issue therefore is really one poorer. the real issue therefore is really one about having a discussion about really one about having a discussion about distribution of nine and who needs about distribution of nine and who needs to about distribution of nine and who needs to have given up some of what they have needs to have given up some of what they have before. that needs to have given up some of what they have before. they have be
This childcare facility in lambeth is one of four purple jay catering for children from three months three to five years old. parents of young children often struggle with the cost of childcare which can run to many thousands of pounds especially for full time positions. and there is further pressure with inflation affecting energy bills, food prices and the cost of labour. with wages, i had to increase it twice this year by approximately 16%. it twice this year by approximately16%. i had it twice this year by approximately 16%. i had to do that because i could see the pressures and pavers of my staff members as well as what is happening around us. behaviours. is happening around us. - - behaviours. is happening around us. - - behaviours. , , ., behaviours. big pay rises would behaviours. big pay rises would be a cause behaviours. big pay rises would be a cause for behaviours. big pay rises would be a cause for celebration - behaviours. big pay rises would be a cause for cele