News Detail

Bank of England chief slammed for asking Brits not to demand a big pay raise

Category :

KEY POINTS
The governor of the Bank of England has sparked serious backlash after telling Britons they should not ask for a pay raise this year.

British Prime Minister Boris Johnson and workers unions have been among those to decry his comments.

Bailey told the BBC last week that businesses should assert “restraint” in pay negotiations to help battle 30-year high inflation.