Boris Johnson wants British workers to take one for the team and accept pay cuts in the face of rising living costs.
Faced with a wave of strikes and a “summer of discontent”, the Prime Minister says that wage increases are not the solution to rising prices, and warns that: “If wages continue to chase rising prices, we we risk a wage-price spiral like the one this country experienced in the 1970s. “
But are you right? Many experts are skeptical and argue that restricting wages would further worsen the country’s deep economic problems.