Prices are continuing to rise at their fastest rate for 40 years as food, energy and fuel costs climb.
In a BBC-commissioned survey of more than 4,000 people, 82% said they thought their wages should increase to match the rising price of goods and services. About 40,000 members of the Rail, Maritime and Transport union working for Network Rail and 13 train operators walked out, with union bosses calling for a pay rise of 7%, while employers have offered a maximum of 3%.
But Dominic Raab told the BBC's Today programme: "We have got to stop making the problem worse by fuelling pay demands that will only see inflation stay higher for longer and that only hurts the poorest the worst."The ONS said rising prices for food and non-alcoholic beverages helped fuel inflation in May.
Grant Fitzner, chief economist at the ONS, said the prices of goods leaving factories rose at their fastest rate in 45 years in May, driven by "widespread food price rises".But he said the steep rises in food and record high petrol prices in May had been stemmed by the price of clothes rising less than they did this time last year, along with a drop in computer game costs.
But Rachel Reeves, Labour's shadow chancellor said the country needed "more than sticking plasters to get us back on course - we need a stronger, and more secure economy".
13% in Spain….must be Brexit
DiscordianKitty Thanks Biden!
Thanks to lockdowns and irresponsible money spending
Those above minimum wage won’t tell the difference
Liar. Its 11.25%
Bloody Corbyn, am so glad we dint get im in charge of da cuntree...Boris is giving us millions and has made sure nobody is struggling in da cuntree ee shud be nite-ed.
Bloody Labour government
Thank You Vladimir, Obama, Hillary and Josephine. The Democratic RICO Taliban Terrorist Party!!! Your colluding blackmail has destroyed AMERICA, Ukraine and the World!!!
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation to raise UK food bills by £380 this year, data show\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t باقي اليكون الديمقراطيون علي ثقه من أنفسهم أنهم خزي الامركيون بكل وقاحه وصراحه شفافه 0096594940324 When I first started out I really couldn't afford an extra £7 on my food bill. I didn't have it in my budget. This is going to hit people hard.
Source: FT - 🏆 113. / 51 Read more »
Source: digitalspy - 🏆 56. / 63 Read more »
Source: SkyNews - 🏆 35. / 67 Read more »
Source: BBCTech - 🏆 81. / 55 Read more »
Source: MetroUK - 🏆 13. / 82 Read more »
Source: BBCNews - 🏆 3. / 97 Read more »