'If everybody tries to beat inflation – in price-setting and wage-setting – it gets worse,’ warns Andrew Bailey
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https://australiainstitute.org.au/post/profits-causing-inflation-in-australia-not-wages-european-central-bank-abs-data-reveal/
https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
https://www.epi.org/blog/wage-growth-has-been-dampening-inflation-all-along-and-has-slowed-even-more-recently/
You mean the same Bank of England that gave a loan to Fascists enabling them to settle an absurd quantity of unpaid trade credits, but apparently can’t pay workers a living wage without provoking the Apocalypse? That Bank of England?
These the same bank bosses happy with increasing interest rates?
Why does the title read like an article from The Onion?
I found it on /r/NotTheOnion lol
They can start lowing their salaries.