Jeremy Hunt said the Bank of England was “very clear” that "wage pressure is one of the risks" that could keep inflation high. The chancellor said th
Jeremy Hunt said the Bank of England was “very clear” that “wage pressure is one of the risks” that could keep inflation high.
The chancellor said the government would talk to the unions about “absolutely anything except things that will mean that higher inflation is entrenched for longer”, as this was a “stealth tax”.
Bank governor hopes worst of economic crisis over
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