TV presenter Carol Vorderman has hit back at a statement from the Bank of England’s chief economist saying that British people “need to accept” that they are poorer as a result of higher inflation. The 62-year-old, who is currently appearing on ITV’s I’m A Celebrity… South Africa, took to social media to share her thoughts on Huw Pill’s comments.
Speaking to the ‘Beyond Unprecedented’ podcast, Mr Pill said: "So, somehow in the UK, someone needs to accept that they're worse off and stop trying to maintain their real spending power by bidding up prices whether through higher wages or passing energy costs on to customers etc.
“What we’re facing now is that reluctance to accept that… we’re all worse off, and we all have to take our share to try and pass that cost on to one of our compatriots, and saying we’ll be alright, but they will have to take our share too. The pass-the-parcel game that’s going on here… is generating inflation, and that part of inflation can persist.”
