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The Guardian - UK
The Guardian - UK
Business

Huw Pill’s claim that we are all worse off is false. The rich have got richer

Street sweeper goes about his work near the Bank of England in the City of London.
The Bank of England in the City of London. Photograph: Mike Kemp/In Pictures/Getty Images

Huw Pill says “in the UK, someone needs to accept that they’re worse off” (Britons ‘need to accept’ they’re poorer, says Bank of England economist, 25 April). If he wants to tell “someone” his private opinion of our economic situation, being chief economist at the Bank of England surely puts him in a good position to find a candidate.

It’s simply not true that “we’re all worse off”, as Mr Pill claims. Neither the prime minister nor King Charles appear to be in that category. Public sector workers and food bank clients don’t need a senior economist to tell them who is worse off and who isn’t.

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