Curb Pay Rises or We Face Inflation Disaster, Warns the Chancellor
Evening Standard - London › June 18, 2008
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Summary
ALISTAIR DARLING warned against inflationary pay rises for public and private sector workers today saying they would fuel rising prices.
The Chancellor raised the spectre of Seventies inflation rates when annual price rises went above 20 per cent. "That would be a disaster, not just for the country but for each and every one of us," he said.See the full content of this document
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Curb Pay Rises or We Face Inflation Disaster, Warns the Chancellor
He spoke out after inflation burst its banks to hit a 10-year high of 3.3 per cent, amid forecasts that...
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