Inflation: Current price and wage increases 'are unsustainable', says Bank of England's Governor Andrew Bailey

As the Monetary Policy Committee has unanimously and unexpectedly agreed to raise the Base Rate by 50 basis point, the governor of the Bank of England, Andrew Bailey has reiterated the need to restore price stability.

Thursday 22 June 2023 13:56, UK

Bank of England's Governor Andrew Bailey has told Paste BN that the UK cannot continue to "have the current level of wage increases"
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