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Governor of the Bank of England, Andrew Bailey, during the Bank of England's financial stability report press conference, at the Bank of England, London. Picture date: Thursday August 4, 2022.
A GMB union leader asked the boss of the Bank of England (BoE) today whether he will denounce plans for “uncontrolled bankers’ bonuses.”
BoE governor Andrew Bailey, who earlier this year demanded workers show “wage restraint” amid soaring inflation, needs to say where he stands on the issue, union general secretary Gary Smith said.
Prime Minister Liz Truss has backed abolishing the cap on bankers’ bonuses as part of a post-Brexit shake-up of City of London rules.
Behind the cute names of Scotland’s road gritters lies a workforce underpaid and overlooked – a fitting reflection of a Budget that protected profits, bungled its rollout and offered hardly a glimmer of hope, writes MATT KERR
This strike is about pay and conditions, says CAMERON HARRISON – but it also shows workers have the power to disrupt the mightiest war machine on Earth