england, huw pill, says that is the case. families need to accept the fall in living standard and stop asking for pay rises. he says we are failing to accept that we are all worse off and we have to take our share. is he, like it or not, on the money, albeit less of it? last year you may remember that the governor of the bank of england andrew bailey told you not to ask for big pay rises to stop prices rising out of control. they are perhaps not so much happened as of doom and bust but of truth. they worried about and in inflationary spiral where prices push inflation out of control and uk inflation of course running around 10%, food inflation much higher than that, thatis inflation much higher than that, that is around 17%, 18%. of course workers across the public sector right now are involved in industrial action over pay rises. so is mr pill right? do wejust action over pay rises. so is mr pill right? do we just need to get used to being poorer? do you accept being poorer? let's talk. get in touch. and here is the news. th

huw pill told a podcast there was a "reluctance to accept" that people were worse off.d and across the uk. this is bbc news. it's been described as a buzzer or, asjeff calls it, a natty little gadget. but for something so small, its impact is huge. if i turn it off... ..then i turn it back on again. jeff is one of the first people to use the 01 which is now being trialled at addenbrooke's hospital in cambridge, where staff admit patients have been surprised by the results. i think it was a surprise to me as well, which is why we're trying it in in—patients because it has such a quick effect. and a lot of the drugs that people need to take to treat the condition have a lot of side effects. over 13,000 people are on the waiting list for the 01. sojeff is one of the lucky ones. operating a scooter would have been unthinkable without one. training a new puppy now a walk in the park. you're live with bbc news. one of the world's largest tobacco companies, british american tobacco, has agreed to pay more than $600 million after being accused of selling cigarette materials to

huw pill told a podcast there was a "reluctance to accept" that people were worse off.his is bbc news. for dame sharon white as chair of thejohn lewis partnership. she's normally focused on profit, but at this blood donation centre in stratford, the focus was on giving blood and the pressing need for more black donors. i'm so happy. it's been a long time since i last gave blood 20 years ago and ijust feel really happy and very lucky. sickle cell anaemia is the fastest growing genetic condition in the uk and far more prevalent in black people over the last five years the numbers of blood donations needed to treat it has increased by 66%. i'm here giving blood. this is yourfirst time, is it? it is. lord simon woolley, the principal of hamilton college in cambridge and founder of operation black boat, was also donating. and the two hope that their example will lead to others doing the same. and black donors are particularly important because the ethnically matched blood provides the best treatment and the blood of these two well known donors will be ready to use within hou

huw pill told a podcast in the us that there was a "reluctance to accept that, yes, we're all worse offponded by asking for wage increases smaller and businesses were charging more. live now to victoria scholar, head of investment, interactive investor. food inflation in britain is still running at i7%, with families struggling to get by. these comments are likely to pour salt on open, in your view, is he right? it pour salt on open, in your view, is he right?- view, is he right? it is a difficult _ view, is he right? it is a difficult one _ view, is he right? it is a difficult one the - view, is he right? it is a difficult one the best i view, is he right? it is a. difficult one the best way view, is he right? it is a - difficult one the best way to think about inflation it is like giving everyone in the economy in a pay cut, instead of cutting pay goods and services become less affordable but it has the same effect. is right we are getting poorer but the suggestion companies should not put up prices and workers should not ask for higher wages is pretty unreasonable because many househ

boe chief economist, huw pill, says the british people need to accept they are poorer instead of tryingaw back the historic drop in living standards. pill told a u.s. podcast that a tighter job market and strong pricing power means companies can pass on costs and higher prices, adding to further inflation. he says that a game of "pass the parcel" is one of the reasons u.k. inflation remains so high. u.s. speaker kevin mccarthy is moving ahead with a vote this week on his bill linking an increase in the debt ceiling with spending cuts in a rare sign of how close the vote could be. the outcome could not be known until the rollcall happens. both moderates and conservatives in mccarthy's republican party have expressed doubt about the plan. that your bloomberg business flash. tom: thank you. staying on the earnings story, dassault systems has reported first-quarter results this morning in line with estimates coming through from analysts. the ceo has recently risen into the ranks of bloomberg's global billionaires. we looked at his journey from intern to t c-suite. >> from intern to billiona

huw pill, the it in the shops, in their bills. huw pm, the chief— it in the shops, in their bills.iant _ decade people do bridget wrecked my brilliant work like teachers and nurses — brilliant work like teachers and nurses have suffered real terms pay cuts~ _ nurses have suffered real terms pay cuts~ they _ nurses have suffered real terms pay cuts. they are fed up. . if nurses have suffered real terms pay cuts. they are fed up.— cuts. they are fed up. . if you win next year. — cuts. they are fed up. . if you win next year, let's _ cuts. they are fed up. . if you win next year, let's assume _ cuts. they are fed up. . if you win next year, let's assume it - cuts. they are fed up. . if you win next year, let's assume it is - cuts. they are fed up. . if you win| next year, let's assume it is next, you would reduce that. you will reverse that?— reverse that? the next labour government — reverse that? the next labour government will _ reverse that? the next labour government will face - reverse that? the next labour government will face a very i government will face a very difficult _ go

england, huw pill, says that is the case.

discuss these very controversial comments of comments from the bank of england's chief economist, huw pill— at the next election. he's hit eeb eb wbeb— at the next election. he's hit out of what he— at the next election. he's hit out of what he calls corruption emb— out of what he calls corruption emb ebs— out of what he calls corruption and cover ups in— out of what he calls corruption and cover ups in .— out of what he calls corruption and cover ups in . politics and cover ups in. politics i berebw— and cover ups in. politics i barely recognise— and cover ups in. politics i barely recognise the- barely recognise the conservative party at the moment. we seem to have moved away from being a party that legislates for the people to a party that legislates against the people . surely i've got the the people. surely i've got the right to free speech, to express the genuine and legitimate concerns of my constituents about the safety and efficacy of experimental vaccines which were never tested properly . never tested properly. troubridge and the speaker to gb news a short time ago . well, in ne