The Prime Minister of the United Kingdom, Boris Johnson, explained today that “it makes no sense” to give workers wage increases to reduce inflation to alleviate the current crisis of the cost of living.
The prime minister rejected calls for public sector wages to rise above 3%, as widespread inflation could exceed 11%.
Speaking at the G7 summit in Bavaria today, the Conservative party leader erased any hope that dedicated employees could have in terms of a real-time pay rise.
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The Mirror reports that when asked if teachers, doctors and nurses should only get a 3% increase, he told ITV News: “I will not comment on every offer or suggestion that the review bodies can make. But what I would tell you is that at a time when you have inflationary pressures in an economy, it makes no sense to have wage increases that only cause more price increases because that only nullifies profit.
“I know people will find it frustrating. But I have to be realistic with the people about where we are. I think, I’m pretty sure, that our inflationary pressures will decrease over time and things will start to get better.”
G7 leaders meet in Germany (Image: Getty Images)
The Prime Minister also insisted that the Government “is making sensible and responsible decisions to have the strongest possible economic recovery” from the coronavirus pandemic.
Johnson left for Germany today for the crucial meeting of world leaders, after a stay in Rwanda for the Commonwealth Heads of Government (CHOGM) meeting. But his futile attempts to consolidate his position as prime minister with a diplomatic bombardment run the risk of being derailed by a plethora of problems.
Tens of thousands of railroad workers quit their jobs last week in a major dispute over wages and working conditions, with more fears of a summer of discontent as other unions weigh in on the strike. Apparently, teachers and nurses are also considering actions in case they don’t meet their salary demands, and answers from independent reviewers are expected before the six-week vacation.
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