The government’s preferred inflation measure (CPI) is up 2.2%. Surprise, surprise Welsh Assembly members have voted themselves an inflation smashing 8.3% pay rise. Plenty of pork for them. Other public sector workers such as nurses and policeman have been held to rate of inflation increases.
Unlike politicians they aren’t able to vote themselves a pay rise…
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John Higginson of the Metro explains Quantitative Easing:
“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”
Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?
Just a thought.
