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Boris Johnson tells workers to accept pay cuts - Printable Version

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Boris Johnson tells workers to accept pay cuts - Scythian - 11-06-2022

Boris Johnson has raised the spectre of a 1970s-style “wage-price spiral” that could force the Bank of England to push up interest rates dramatically if workers demand to be compensated for rocketing prices.

Instead the prime minister promised a return to lowering taxes, cutting government spending and slashing regulation, after a renewed push by backbench Conservative MPs.


RE: Boris Johnson tells workers to accept pay cuts - singlon - 11-06-2022

workers no chance to survive with cuts
galloping inflations wor


RE: Boris Johnson tells workers to accept pay cuts - Scythian - 11-06-2022

(11-06-2022, 08:24 AM)singlon Wrote:  workers no chance to survive with cuts
galloping inflations wor

Govt linked companies and private sector will cut


RE: Boris Johnson tells workers to accept pay cuts - FangFang - 11-06-2022

More company will be clearer with their policy.


RE: Boris Johnson tells workers to accept pay cuts - Scythian - 11-06-2022

(11-06-2022, 08:24 AM)singlon Wrote:  workers no chance to survive with cuts
galloping inflations wor

Copied.during recession
Singapore Govt is very good @ stopping any wage increases and stop companies paying  yearly bonus.

Company wanting to pay yearly profit sharing also must seek Govts approval of the reasons and amount


RE: Boris Johnson tells workers to accept pay cuts - Scythian - 11-06-2022

(11-06-2022, 08:34 AM)FangFang Wrote:  More company will be clearer with their policy.

UK got strong workers union..similar in Australia

Whereas Singapore NTUC is an empty tortoise shell.


RE: Boris Johnson tells workers to accept pay cuts - Scythian - 11-06-2022

..

Politicians need a haircut


RE: Boris Johnson tells workers to accept pay cuts - Sticw - 11-06-2022

How about asking all the super scale paycheck folks to just take median income as their pay without yearly bonus (retirement bonus to be computed later)?


RE: Boris Johnson tells workers to accept pay cuts - [[ForeverAlone]] - 11-06-2022

At least he is SAVING Public funds cut civil servant job

whereas here we do opposite lol increase civil servant pay


RE: Boris Johnson tells workers to accept pay cuts - Harry Lee - 11-06-2022

During pandemic... Only million dollars ministers can give out bonuses to civil servants plus pay increases. Only 1st world government is capable of this jaw dropping feat