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
Lot of this is political and richard says we need to accept being poorer, no we do not. lee? no we do not. lee? well, there are a lot of politics no we do not. lee? well, there are a lot of politics in no we do not. lee? well, there are a lot of politics in this. no we do not. lee? well, there are a lot of politics in this. ultimately - lot of politics in this. ultimately it is going to come down to issues of distribution if you have got those ten sweeties, who gives up the one that they have before or whatever? and i think there is a valid criticism of the bank of england, notjust in terms of its incentive comments insensitive comments but that it is focused on wages. they say we don t want this inflation to get embedded by big wage increases. but it hasn t really focused on things like profit margins. more recently it has tried to address that by saying, yeah, we hope companies won t pass on all the cost increases and so on but i think there were a bit slow to do that. so i