Brexit drives competitiveness further Brexit drives competitiveness further
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  1. #1

    Old Greg is my bitch's bitch

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    Default Brexit drives competitiveness further

    More fantastic news for a leaner Britain.

    Pay will continue to be squeezed, employers' survey suggests - BBC News

    It is the big unspoken issue of the election. Voters who, despite being in work, are not feeling any better off.
    It is also the major economic trend in Britain - the "living standards squeeze".
    And the most recent data suggests that it is about to tighten.
    A survey of more than 1,000 firms, published on Monday by the Chartered Institute of Personnel and Development (CIPD) and the employment agency Adecco Group, suggests that businesses believe average pay rises this year will be just 1%.
    That is the lowest figure for three years and well below the 1.5% the same survey suggested three months ago.
    With inflation at 2.3% - a figure that is expected to rise sharply when April's number is published on Tuesday - employers are clearly not preparing for higher wage settlements.
    Why? Well, according to the Bank of England, much of it comes down to uncertainty about the Brexit process.
    Companies are still nervous about an economically disruptive exit from the European Union and are hoarding cash rather than rewarding employees.
    Where there's muck there's brass.

  2. #2

    More fingers than teeth

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    The irony is that foreign workers aren't affected as the companies are paying them more to stop them disappearing, so pushing wages for the locals down further.

    The words "shoot" and "foot" spring to mind.
    I'm alright Jack

  3. #3

    Old Greg is my bitch's bitch

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    Quote Originally Posted by BlasterBates View Post
    The irony is that foreign workers aren't affected as the companies are paying them more to stop them disappearing, so pushing wages for the locals down further.

    The words "shoot" and "foot" spring to mind.
    This is traitor talk. The British electorate wants more competitive wages.
    Where there's muck there's brass.

  4. #4

    Double Godlike!

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    Quote Originally Posted by northernladyuk View Post
    This is traitor talk. The British electorate wants more competitive wages.
    Serfdom comes naturally to Brits. Don't mind a wage cut, don't mind a high taxes, don't mind the banks taking away homes, as long as we have pomp and ceremony and can wave to the queen.
    Never attribute to malice that which can be adequately explained by stupidity

    我们不是病毒

  5. #5

    Old Greg is my bitch's bitch

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    Quote Originally Posted by Paddy View Post
    Serfdom comes naturally to Brits. Don't mind a wage cut, don't mind a high taxes, don't mind the banks taking away homes, as long as we have pomp and ceremony and can wave to the queen.
    And God bless the Queen Mum. Won the bloody war for us she did.
    Where there's muck there's brass.

  6. #6

    Super poster

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    You concern for those on the lower end of the pay scale is touching.

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    Contractor Among Contractors


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    Quote Originally Posted by northernladyuk View Post
    This is traitor talk. The British electorate wants more competitive wages.
    They are getting competitive alright, with the 3rd world...

  8. #8

    Old Greg is my bitch's bitch

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    Quote Originally Posted by The_Equalizer View Post
    You concern for those on the lower end of the pay scale is touching.
    I cared enough to register to vote and then vote Remain.
    Where there's muck there's brass.

  9. #9

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    Quote Originally Posted by northernladyuk View Post
    I cared enough to register to vote and then vote Remain.
    By post from RoI to save their poor souls.

  10. #10

    Old Greg is my bitch's bitch

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    Quote Originally Posted by The_Equalizer View Post
    By post from RoI to save their poor souls.
    None of which addresses the magnificent increase in competitiveness that UK workers are enjoying.
    Where there's muck there's brass.

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