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Andrew Bailey blames high wages for causing inflation - Vimarsana News

Andrew Bailey blames high wages for causing inflation

Andrew Bailey has blamed “unsustainable” pay rises for stoking inflation as the Bank of England lifted interest rates to 5pc in an attempt to tame rampant price growth.

Source: yahoo.com
Cash-Strapped Pakistan Unveils 14.5 Trillion Rupee Budget to Tackle Debt Crisis - Vimarsana News

Cash-Strapped Pakistan Unveils 14.5 Trillion Rupee Budget to Tackle Debt Crisis

Pakistan unveils a 14.5 trillion rupee budget to tackle debt and revive the economy. Find out about the challenges, inflation, development projects, and political implications.

Source: news18.com
Marks & Spencer invests nearly £60m in pay rises for 40,000 store staff - Vimarsana News

Marks & Spencer invests nearly £60m in pay rises for 40,000 store staff

The supermarket said it marks its biggest ever investment into its front-line workers’ rewards, which will come into effect from April.

Source: aol.co.uk
Sturgeon: Scottish Government action on pay is hindered by budget limitations - Vimarsana News

Sturgeon: Scottish Government action on pay is hindered by budget limitations

The First Minister said there was a case for the UK Government to make a ‘large scale intervention’ into the cost-of-living crisis.

Source: aol.co.uk
What must be done to save public education - Vimarsana News

What must be done to save public education

The crisis in public education will not be solved by pitting teachers against each other, or by outsourcing the responsibility to find graduates good jobs. Mary Merkenich argues for greater funding for smaller classes and more teachers on fair wages.