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November 4, 2021
The wage packets. all the gas—related price rises have come through in rock glass terms, circa 30%. drivers wages, 26%. the last four months. general wages, 10% in the last 12 months. should inflation get to 5%, i dont believe that that level of inflation and cost purchase we have seen in a business is sustainable at all. but thats exactly what the bank of england is now forecasting that means interest rates will go up, just not at todays meeting. heading to around 1% in the next year. so, rat...
October 4, 2021
Step back from that, what happens is hgv drivers wages go up, but so will places in the shops — micro prices in shops that hgv drivers contribute to, because when you have your goods taken to the supermarket the costs matter. so hgv driverss wages will go matter. so hgv driverss wages will 9° up matter. so hgv driverss wages will go up and everybody elses wages in terms of what they can actually buy will come down and that is a relative change in wages, it is not about overall wages the econo...