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TUC calls on employers to match inflation rises

Thu 15 May 2008

14/05/2008

The Trades Union Congress (TUC) has called on employers to match pay to inflationary rises, it has been reported. Its request comes after new figures from the Office for National Statistics showed inflation has reached three per cent. The TUC's general secretary, Brendan Barber, is worried some bosses will ignore the difficulties faced by their workers. "Employers in the private and public sectors must make sure that pay settlements keep pace with the consumer prices index of inflation," he said. "Anything less will see low-paid workers continuing to struggle to make ends meet." Inflation has jumped half a per cent in one month and should it rise higher than 3.5 per cent, the governor of the Bank of England, Mervyn King, would be forced to write an explanatory letter to the prime minister. "As the price of basic food stuffs and energy costs soar, it's those on benefits or in low-paid work whose family budgets are being squeezed the hardest," Mr Barber added.


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