{"id":126980,"date":"2022-06-10T00:27:37","date_gmt":"2022-06-09T17:27:37","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boris-johnson-warns-of-wage-price-spiral-if-workers-demand-higher-pay\/"},"modified":"2022-06-10T01:31:04","modified_gmt":"2022-06-09T18:31:04","slug":"boris-johnson-warns-of-wage-price-spiral-if-workers-demand-higher-pay","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boris-johnson-warns-of-wage-price-spiral-if-workers-demand-higher-pay\/","title":{"rendered":"Boris Johnson warns of \u2018wage-price spiral\u2019 if workers demand higher pay"},"content":{"rendered":"<p>&#013;<br \/>\nPM raises spectre of 1970s-style economic crisis that could force dramatic rise in interest ratesAll today\u2019s politics news \u2013 as it happensBoris Johnson has raised the spectre of a 1970s-style \u201cwage-price spiral\u201d that could force the Bank of England to push up interest rates dramatically if workers demand to be compensated for rocketing prices.Instead the prime minister promised a return to lowering taxes, cutting government spending and slashing regulation, after a renewed push by backbench Conservative MPs. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/politics\/2022\/jun\/09\/boris-johnson-warns-wage-price-spiral-workers-demand-higher-pay\" target=\"_blank\" rel=\"noopener\">Boris Johnson warns of \u2018wage-price spiral\u2019 if workers demand higher pay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; PM raises spectre of 1970s-style economic crisis that could force dramatic rise in interest ratesAll&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126980","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-x24","jetpack-related-posts":[{"id":69372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-inflation-cant-blame-the-workers-this-time\/","url_meta":{"origin":126980,"position":0},"title":"Rising inflation \u2026 can&#039;t blame the workers this time","date":"October 18, 2017","format":false,"excerpt":"\r Latest UK labour market snapshot shows 70s model of wage-price spiral is dead and adds to argument against interest rate riseDon\u2019t blame the workers for the highest inflation in more than five years. That\u2019s the message from the latest monthly snapshot of the labour market showing that earnings growth\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-uk-property-set-to-rise-as-boris-johnson-promises-visa-shake-up-to-benefit-hongkongers-fleeing-beijings-security-law\/","url_meta":{"origin":126980,"position":1},"title":"Demand for UK property set to rise as Boris Johnson promises visa shake-up to benefit Hongkongers fleeing Beijing\u2019s security law","date":"June 4, 2020","format":false,"excerpt":"\r A potential change in UK immigration policy that could pave the way to eventual citizenship for Hongkongers who hold a British National (Overseas) passport is likely to result in higher demand for homes in London and Birmingham, analysts said.\r\rInquiries about UK property had already jumped after Beijing moved to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-decree-for-low-wage-uae-workers-will-not-push-up-costs-say-experts\/","url_meta":{"origin":126980,"position":2},"title":"Housing decree for low-wage UAE workers will not push up costs, say experts","date":"July 30, 2016","format":false,"excerpt":"\r A decree issued this month to ensure that workers paid below Dh2,000 per month must be provided free housing by employers is not likely to push up costs of worker accommodation in the UAE, according to experts.The decree issued by the Ministry of Human Resources and Emiratisation states that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greenspan-warns-trumps-policies-risk-inflation-spiral-says-eurozone-isnt-working\/","url_meta":{"origin":126980,"position":3},"title":"Greenspan warns Trump&#039;s policies risk inflation spiral, says &#039;eurozone isn&#039;t working&#039;","date":"February 16, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Greenspan warns Trump's policies risk inflation spiral, says 'eurozone isn't working'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-you-pay-rent-with-a-credit-card-it-could-rapidly-spiral-expert-warns\/","url_meta":{"origin":126980,"position":4},"title":"Should you pay rent with a credit card? &#039;It could rapidly spiral,&#039; expert warns","date":"January 31, 2024","format":false,"excerpt":"\r Sometimes, it's possible to pay rent with a credit card. But experts say it's risky.\r \r Source : cnbc.com\r Read more...Should you pay rent with a credit card? 'It could rapidly spiral,' expert warns","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/matthew-taylor-to-call-for-boost-for-gig-workers-but-stops-short-of-blanket-minimum-wage-demand\/","url_meta":{"origin":126980,"position":5},"title":"Matthew Taylor to call for boost for &#039;gig&#039; workers but stops short of blanket minimum wage demand","date":"July 9, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Matthew Taylor to call for boost for 'gig' workers but stops short of blanket minimum wage demand","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126980"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126980"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126980\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}