Darling Renews His Calls for Pay Restraint

Summary


Chancellor Alistair Darling yesterday renewed calls for pay restraint in the public and private sectors to head off the danger of an inflationary spiral.

In his high-profile Mansion House speech, Mr Darling acknowledged that "times are tough", but insisted the UK will avoid recession, telling his audience of City financiers: "Our economy will continue to grow."

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Darling Renews His Calls for Pay Restraint

The Chancellor also confirmed plans to strengthen regul...

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