Trade unions have blasted the Bank of England governor for calling for pay restraint, at a time when workers are facing a drop in their real incomes.
Unite general secretary Sharon Graham says employers who can afford to give their staff a pay rise, should do so.
Workers shouldn’t be expected to pay for the energy crisis, or the surge in inflation, she points out, adding that Andrew Bailey is actually calling for a national pay cut.
“Yet again workers are being asked to pay the price, this time for inflation and the energy crisis. Inflation has not been caused by workers. Why should they be expected to pay for the failures of the energy market and the total shambles of Government policy?
“Workers don’t need lectures from the Governor of the Bank of England on exercising pay restraint. Why is it that every time there is a crisis, rich men ask ordinary people to pay for it?