UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter

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UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter

https://www.theguardian.com/business/2024/feb/07/pay-rises-and-profits-must-be-curtailed-to-get-uk-inflation-back-under-control-bank-warns

Deputy governor also says company must rein in profits as there is ‘some way to go’ to meet 2% inflation target

UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter