The Canary news on May 2, 2023  The Canary Media Bias

         


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As UK firms rake in huge profits, one senior economist tells workers to accept their lot

finance

There’s evidence that it’s not demands for higher pay that are causing rising inflation, but businesses seeking huge profits. To curb inflation, now at around 10%, Bank of England (BoE) chief economist Huw Pill says people should stop trying to get higher wages.

The Canary     May 02, 2023