Unite press release

For immediate release: Thursday 9 June 2022

Wage restraint? Maybe it’s time we started talking about profiteering restraint

Responding to claims made by Boris Johnson today (9 June) of a 1970s-style ‘wage-price spiral’, Unite general secretary, Sharon Graham said: "The Prime Minister talks about a 'wage-price’ spiral. The fact is that wages are chasing prices, not putting them up. Unite believes that it's a ‘profits and profiteering spiral’ that is responsible for the current inflation surge. Wage restraint? Maybe it’s time we started talking about profiteering restraint”.

ENDS

Contact: Ciaran Naidoo on 07768 931 315 

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Unite is the UK and Ireland’s leading union fighting to protect and advance jobs, pay and conditions for members working across all sectors of the economy. The general secretary is Sharon Graham.