Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

UK PM Boris Johnson urges restraint on public pay

Economy Jun 25, 2022 03:40AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: Rail workers stand at a picket line while on strike outside Waterloo station, on the third day of national rail strikes, in London, Britain, June 23, 2022. REUTERS/Henry Nicholls

LONDON (Reuters) - British Prime Minister Boris Johnson said on Saturday that public pay could not be raised sharply, as demanded by trade unions, because it would risk fuelling a further rise in inflation.

"What we can't have is a situation in which increases in pay are just wiped out by further increases in prices, and so that's why you've got to be responsible," Johnson told Sky News.

Johnson also said that "overall" the Bank of England had done an outstanding job managing inflation over the past 25 years and he said the recent surge in price growth was due to global inflation problems.

UK PM Boris Johnson urges restraint on public pay
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (3)
Jay Garrelts
Jay Garrelts Jun 25, 2022 6:56AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Apparently conservatives in Britain are just like America they say you don’t need it but they make sure they get it lol
Empire Destroyer
Empire Destroyer Jun 25, 2022 4:21AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Man, what great leaders we have right? Governor of BoE tells people not to bother asking for a salary rise. Now this piece of sheet, with MPs salaries increased to over £80,000 a year plus they can do additional work on top, claim expenses on almost everything e.g. second home, telling people shouldn't ask for a good pay rise to cover basic costs??!!!!
Edward Chong
Edward Chong Jun 25, 2022 4:21AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
boris the sheet. u are good man ! Haha
Empire Destroyer
Empire Destroyer Jun 25, 2022 4:21AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Edward Chong  let me guess... Boris is your best friend because you donate to renovate his home in exchange for a peerage, knighthood, or non-dom status or some time with his wife?
Bryan Cooper
Bryan Cooper Jun 25, 2022 4:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
just like biden. blame it on putin. sanctions are backfiriing. the west is hurting hurting putin is flourishing.
Roberto Simone
Roberto Simone Jun 25, 2022 4:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
As Bill Maher said, it seems that is Russia that has put sanctions on the west.
Paul IllTradeThese
Paul IllTradeThese Jun 25, 2022 4:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
sanctions take time.
Empire Destroyer
Empire Destroyer Jun 25, 2022 4:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email