Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

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Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

26th June 2008, 22:20:PM

Demands for inflation-busting pay increases will be self-defeating if they trigger a rise in interest rates, the Bank of England warned yesterday.

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Tags: bank, demands, interest, rates

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Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

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