Cost of Living - Shrinkflation is speeding up at an alarming rate
- Thread starter Ice Tea
- Start date
Bank of England economist says people need to accept they are poorer
Huw Pill, chief economist for the Bank of England, says asking for pay rises contributes to inflation.
www.bbc.co.uk
Bank of England: 'Accept' you are poorer remark sparks backlash
Unions and small businesses react with outrage to comments that people need to accept they are poorer.
www.bbc.co.uk
Don't know if this has already been posted on the forum, understandably it caused a backlash in the second link.
Some supermarket food prices 'should fall' soon
Cost savings for milk and other dairy goods should be passed on, the industry body says.
www.bbc.co.uk
This has turned up at the BBC website that food costs could come down in a few months.