SG Talk

The Bank of England’s chief economist has said that people need to accept that they are poorer and stop asking for pay rises.

Mr Pill told the  Columbia Law School’s Beyond Unprecedented podcast : “The UK, which is a big net importer of natural gas, is facing a situation where the price of what you’re buying from the rest of the world has gone up a lot, relative to the price of what you’re selling to the rest of the world, which is mainly services in the case of the UK.




https://www.newsnow.co.uk/h/Business+&+Finance/Banking/Bank+of+England?heading=Britons+Urged+To+Accept+They+Are+Poorer&search=Accept&datefrom=1682373600&sg=deccb96f&sgt=csv1

The politicians should realise that UK's past glory has already vanished long long time ago!

(27-04-2023, 08:44 PM)cityhantam Wrote: [ -> ]The politicians should realise that UK's past glory has already vanished long long time ago!

When UK lost the colonies in Asia and the rest of the world, they automatically become poor......................