Page 38 - Wage Rises News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Point, but my response is simply that if workers push for wage rises — and i'm going to talk to you about the uk to start with, because the uk has an inflation rate of 9 knocking on 10% — but there are key sets of workers, from the rail industry to the health service, doctors, barristers, all pushing for double—digit rises in their wages or salaries. and ijust put it to you one more time that if they get what they want — that is above inflation rises — we are going to see that wage price spiral that has become so familiar to us. and they'll be harming their own interests in the long ...

That. we also had a tight labour market in the uk which takes an element of inflation they have been suffering in america. we have had a very tight labour market with second order, as we like to say, second order price fracture, domestically generated wage rises in addition to the energy prices. the pick of what they've had in the us and a pic of what they have had in europe which means that for us our energy prices, are inflation prices have been strong and could rise more in october. that's where energy 0ctober. that's where energy price caps is likely to be re—evaluated. price caps is lik...

Our first report is from our business correspondent emma simpson. if i haven't got the money, i can't eat. you see lots of things that are on cheap. we buy— them and freeze them. definitely shopping around, looking for what's cheaper and where. - it's here in the supermarket aisles you get a taste of how the rising cost of living is starting to bite. we buy less and we buy cheaper products, unfortunately. we can't usually afford to buy all the named product staff, so we have to go and buy the essential stuff. if they're not going to give us the wage rises, we can't compete with inflation, we...

Cutting back on their shopping. if you haven't got the money, i cannot eat. iii if you haven't got the money, i cannot eat-— cannot eat. if they are cheap we buy them _ cannot eat. if they are cheap we buy them and _ cannot eat. if they are cheap we buy them and freeze - cannot eat. if they are cheap l we buy them and freeze them. definitely shopping around and looking — definitely shopping around and looking at_ definitely shopping around and looking at what _ definitely shopping around and looking at what is _ definitely shopping around and looking at what is cheaper- definitely shopping...

When it stood at the same level. the bank of england has warned inflation will reach 11% later this year. our business correspondent emma simpson reports on how the rising cost of living is affecting how we shop. if i haven't got the money, i can't eat. you see lots of things that are on cheap, we buy them and freeze them. definitely shopping around, looking for what's cheaper and where. - it's here in the supermarket aisles you get a taste of how the rising cost of living is starting to bite. we buy less and we buy cheaper products, unfortunately. we can't usually afford to buy all the named ...