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The Independent UK

National

Emily Atkinson

‘Think and reflect’ before seeking pay rise, says £575,000-a-year Bank of England chief

Andrew Bailey Bank of England Inflation

Getty Images

Workers should “think and reflect” before asking for pay rises, £575,000-a-year Bank of England chief Andrew Bailey told MPs on Monday.

The governor said high earners in particular should consider the impact of inflation before seeking salary top-ups as prices rises.

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