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gulliver1 | 11:47 Sat 09th Mar 2024 | News
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Governor of the Bank of England Andrew Bailey has been  telling the working class not to ask for pay increases to help curb inflation ..But meanwhile he has handed a pay rise to his own staff  ...one law for them.. etc

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Meanwhile the Governor himself who earned  a mere pittance of a wage of £597,952 has turned down a pay rise for himself ,,,How noble of him ..he will probably get a knighthood for that brave decision.

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A spokesperson said this raise is for the cost of living pressure amongst the staff . .......(But sod joe Bloggs)

Did he specify the working class or Joe bloggs. I think you're telling porkies again. Or do you have a link?

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Bailey  said the bank would bring down inflation but to do so will mean ending wage increases. But it seems this does not apply to his own staff.

Whats yours is mine, whats mine is my own. Thats the way, the con way. :0)

I don't believe he said that about ENDING wage rises but I'm happy for you to prove me wrong gulliver.

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5,000 BOE Staff will get a whopping 4% pay rise without even asking for it, meanwhile junior doctors  nurses and other NHS staff and of the common worker have to parade through the streets waving banners etc to beg for a payrise.

Thanks for confirming you were telling porkies. The governor on didn't say no 0ay rises for the working class. The doctors have been offered something like 10%   by the way, not nothing.

 

If the BoE are getting what you call a 'whopping' pay rise of 4% surely the doctors have been offered a ginormous increase

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The chief economist at the BOE says a cut in the Bank Rate remains a long way off....So there you go then, people struggling to pay their mortgages, hoping the Bank Rate would soon fall will carry on struggling to pay the higher rate to finance the rise for bank staff.

Ah.. a diversion as your misunderstanding and porkies can't be denied.

It's true about bankrates ... but your OP and some subsequent posts in this thread contained porkies. Haven't you been one for calling out Bojo for the same think. Pot kettle black springs to mind. 

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NMA 12.39 ("Thanks for confirming you were telling porkies .The govenor on didn't say no Oay rises for working class" )               My O/P says The Governor of the BOE was Telling people                  "Not to ASK for a pay rise"   get it!..... Pay attention OK.

But haven't pay rises generally been running ahead of inflation?

 

//As September's CPI was 6.7%, this means state pensions are likely to go up by average earnings growth instead, which was a higher 8.5%//

I'm paying attention gulliver. I read your OP. Maybe you need to read it again.

Can you prove he said that?

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I would sooner have the junior doctors and nurses get a 4% pay rise and I am sure, so would all the taxpayer ...After all it is their money these plutocrats are spending.

Can you provide a link?

newmodarmy @13:03

\\

I'm paying attention gulliver. I read your OP. Maybe you need to read it again.

Can you prove he said that?//

 

Of course not, gullivers answer was to change the subject.

Wages are chasing prices, not the other way round. Wages and wage rises do not affect inflation.

Daft comment 10CS - each affects the other.

Keep up gulliver. Nurses actually got more than 4% plus a one off payment and junior doctors were offered quite a bit more than 4%...8.8% on average.

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