The Governor of the Bank of England urged financial giants to show pay “restraint” - on the same day Barclays announced a more than £1.9billion bonus bonanza.
Andrew Bailey, who is on more than £575,000 a year, came under fire recently for suggesting workers should not ask for big pay rises to help control soaring inflation.
Quizzed by MPs today, he warned chunky wages rises would lead to a “second round affect” on inflation.
