Tesco chairman: BoE governor’s mistake to tell workers to cut wage demands

Supermarket Tesco’s staff deserves to be protected from inflation and it was the Bank of England governor’s mistake to tell employees to reduce their wage demands, said today the president of the company, which has the largest supermarket chain in Britain.

Andrew Bailey has provoked a backlash from workers’ unions and the government by saying that workers should show restraint when they demand an annual pay rise, signaling the coming tensions as the British face a sharp drop in living standards. their level, for a period of more than 30 years.

Asked about Bailey’s comment, John Allan told BBC television: “Our 300,000 colleagues ίζουν deserve to be protected from inflation. So I think this is the wrong direction to take.”

Source: AMPE

Source: Capital

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