Niamh Harris – The Bank of England’s chief economist Huw Pill has sparked outrage after saying that Brits must accept they are poorer after the Covid and energy crisis.
Pill, a former Goldman Sachs banker who earns £190k a year, says Brits must stop chasing big pay rises to keep up with soaring inflation and warned that their refusal to ‘take their share’ of the pain was generating the problem.
His comments emerged after figures showed food inflation still running at an eye-watering 17 per cent – with families struggling to get by. Continue reading