Unite today (May 5) warned that yet another interest rate rise – the fourth consecutive rise in a row since December – will add to the financial pressure facing millions of ordinary families amid an…Read more…
Bank of England hikes interest rates amid soaring inflation
The Bank of England has today (March 17) raised interest rates for the third time in a row, from 0.5 per cent to 0.75 per cent – a move that Unite has warned will further squeeze household finances…Read more…
‘Inflation has not been caused by working people’
Unite has condemned comments by Bank of England governor Andrew Bailey, who has said workers should not ask for pay rises to avoid a so-called ‘wage-price spiral’ – a theoretical scenario dismissed…Read more…
Carney-age at the Bank
As the Bank of England dumped a data reservoir of cold water over Osborne’s claims of a ‘motoring’ economy and economic miracle, the Governor is spinning in no man’s land between the two views….Read more…