Some of you might think that the Bank of England's Monetary Policy Committee will be reflecting on this months decline in inflation & considering a (further) cut in interest rates.... well, don't hold you breath, there is already talk of renewed/continuing 'inflationary pressures' and certainly we can expect the John Lewis pay rise to be cited (see earlier post) as evidence of wage rises.
I may be wrong, but I won't be betting on lower interest rates in March!
@ChrisMayLA6 There is a need to develop ideas about imposing a maximum pay rate for board members & company owners based on a multiple of the lowest pay afforded to employees ; that鈥檒l be minion wage I guess, but hey: no more unpaid internships. Suddenly Minion Wage will be a lot less popular. Just think of the extra tax revenue and spending that coukd generate.
Exactly what the High Pay Centre are campaigning for:
@ChrisMayLA6 Oooh, good link! Thank you.
@ChrisMayLA6 I think you have 4 typos in that last sentence. New record? 馃槅
Thanks; yes certainly a new personal best on the typos - thanks for the spot, now all corrected. Had had a long day, lots of driving; don't post when getting drowsy!
