Barclays chief urges Government to limit wage rises and avoid hiking bank taxes
10 Articles
10 Articles

Barclays chief urges Government to limit wage rises and avoid hiking bank taxes
CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.
Barclays boss urges ministers to limit pay rises and avoid hiking bank taxes
The chief executive of Barclays has urged ministers to show restraint on state employee pay awards, warning that wage inflation poses a serious challenge to Britain’s economic stability
Barclays Bank boss warns Reeves over public sector wages
Venkatakrishnan said that, while the government needed to restrict rising public sector wages, the inflationary impact of pay rises was an issue across the UK economy. The post Barclays Bank boss warns Reeves over public sector wages appeared first on Personnel Today.
Barclays chief urges ministers to curb public sector pay and resist bank tax hikes
The chief executive of Barclays has warned the government against pushing up public sector pay or raising further taxes on banks as chancellor Rachel Reeves searches for ways to plug a looming fiscal gap. CS Venkatakrishnan said curbing government spending and tackling wage-driven inflation should be priorities as ministers prepare the November budget. Speaking to the Financial Times, Venkatakrishnan said: “We need to curb expenditure at the gov…
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