Why are so many workers on strike?
Analysis
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The Effect of Three Rolling Shocks on Inflation
The Office for National Statistics have reported inflation figures. The figure came in at 8.7%, the same as in the year to April. Bank of England Governor Andrew Bailey was worried that high inflation could become entrenched in a spiral of self-fulfilling expectations. He candidly told me of his fears over worker wages. What we can do is try to prevent inflation spreading. Inflation becoming more ingrained in the system. Do you try to get into people's heads and ask them not to ask for too high pay rise? Well, broadly yes, I will say that. We are the workers' arms! We're getting out to fight for our future! This is the question of our
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