BBCNEWS BBC News at One June 4, 2024 12:06:00
Perhaps a fifth of what is driving up perhaps a fifth of what is driving up inflation. what we are looking at here is market forces. there is a very interesting difference between the pay rises in the private sector and the public sector. the public sector, less than 2%, that is going to cause problems for public sector employers wanting to recruit people in importantjobs like teaching and nursing. compared to the private sector, in financial services you have had double—digit pay rises. there is an increasing disparity in the recruitment crisis we are talking about, where people can't do th...
Source: archive.org