Jak...exactly this. Spot on.Jak* wrote: ↑Wed Sep 29, 2021 9:53 am My brother has been an HGV and PSV driver for a number of years, his view is that it was a problem in waiting. Relatively low pay and poor conditions, especially when you compare the UK with the EU and particularly Germany where truck driving is considered a skilled profession, have led to a shortage of drivers and an ageing profession. Brexit and Covid have made the situation a lot worse. The increases in wages for white van delivery drivers has not helped other industries, as they are now having to catch up. The same is true in a lot of other areas and it is likely to get worse. My brother’s company just gave them a £4/ hour pay rise, imagine being a nurse or other key worker and seeing that. idiotic statements telling UK companies to pay more is just going to lead to a wage war which will lead to massive inflation and then probably rising interest rates. All very well if you are rich and have plenty of savings, not so good for the rest of us.
Maybe that was the plan all along.
The UK has benefitted from economic migrants from all over the EU accelerating growth in our economy. Whether its in HGV, or plumbers, or farming. We had access to that big pool of labour. Soon as you close the door on that....you get this situation.
Your last few lines is what will happen (from an economic perspective it has to).
Wage rises mean general cost rises, then inflation. Salaries go up, but your cash savings decrease in value. If you are loaded you don't really care, and you will probably leave the country anyway.
Thanks for watching!
Gav