The prime minister has been pushing the old Conservative chestnut that pay rises should be linked to “productivity” – meaning for him that as long as the rich get richer the system is working (Pay rises should be a ‘reward for productivity’, says Rishi Sunak, 16 August). Conservatives worldwide push this mantra, but only as far as it benefits the rich.
Does Rishi Sunak want to apply this philosophy to prices, rent and transportation? Only if the electricity costs less per kilowatt, or does more per kilowatt, can companies raise prices. Only if the house gets another bedroom can landlords raise prices. Only when the train is faster and less crowded can the fare increase.