Tag: Inflation
Year of the Squeeze
“For all the talk of the pandemic (somehow) boosting worker power, it looks more likely to deliver the third real wage squeeze in a decade, and to leave workers substantially worse off than they would have been otherwise. By the end of 2024, average earnings are set to be £740 a year lower than they…
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Why is inflation at its highest for decades?
As UK inflation hits a 10-year high of 5.1%, a leading Scottish economist asks why global prices are rising so fast – and what central banks must now do.
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