UK inflation rises at fastest rate for 40 years as food costs jump

UK inflation rises at fastest rate for 40 years as food costs jump

With vacancies on the books, unions see a unique opportunity to raise wages and will continue to push for double-digit increases, for example by rejecting Rolls Royce’s £2,000 cost-of-living pay. Employers, including the government, will resist, but workers may find some wind in their sails in negotiations.

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