Responding to the decision by the Bank of England to raise interest rates to 0.75 per cent, Unite general secretary Sharon Graham said:

“Today’s interest rate rise comes at a time when millions of working people are facing the worst cost-of-living crisis for generations, now being compounded by the unfolding tragedy in Ukraine. This rise will put even more pressure on household finances as inflation and energy bills continue to skyrocket.

"My message is clear, workers must not be made to pay for this. For any bosses who think the answer to increased costs is to dip into workers’ pockets please take note: We will defend our members’ jobs, pay and conditions to the hilt and will be demanding wage rises that keep up with living costs.”  


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