RISHI Sunak today urged bosses not to give workers massive pay rises, arguing to do so would only make inflation worse.
Speaking from Bali where he’s attending the G20 leaders’ summit, Mr Sunak warned he doesn’t want to see a “wage price spiral”.
And amid the crippling cost of living crisis, the PM vowed to place “fairness and compassion at the heart of all decisions”.
Mr Sunak said: “It’s not about me. It’s about what’s right for the country because if we do end up in a wage price spiral, the people who are going to suffer the most are the people on the lowest incomes.
“And we’ll still be having this conversation in a year’s time.”