BoE issues inflation warning on wages

The Bank of England has released a report, co-written by chief economist Charlie Bean and other bank staff, warning that an increase in the share of national income being taken by wages may lead to a rise in inflation. A rise in the share of wages from 66 per cent in 1996 to 70 per cent 1999 has reduced profitability, and could lead to a rise in prices as companies try to restore the profits ratio. The strength of the pound is thought to have held back the effects in the short term.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account