Skip to Content

Blogs Coffee House

Up the workers!

14 August 2014

1:08 PM

14 August 2014

1:08 PM

Mr S was interested to read that Mark Carney has sounded the alarm on low wage growth. In light of yesterday’s announcements, the Times’s business commentator Andrew Clark calls for bosses to ‘display a modicum of largesse’ to sustain the economic recovery.

Mr S hears on the grapevine that business leaders are planning to open their pockets at the end of this year, if only to stop Ed Miliband, who is regarded with a certain amount of distrust. The thinking is that a wage rise will undermine Labour’s (increasingly successful) rhetoric on the cost of living.

Mr S wonders: will a prominent Tory use the party conference, the last before the election, to demand that businesses share the proceeds of the recovery? What have they to lose by doing so?

Subscribe to The Spectator today for a quality of argument not found in any other publication. Get more Spectator for less – just £12 for 12 issues.

Show comments


The Spectator Comment Policy

Please read our Comment Policy before commenting.