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Barclays boss urges UK ministers to limit public sector pay rises

TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5mBusiness live – latest updatesThe chief executive of Barclays has said the UK government needs to limit pay rises for public sector workers and resist a further “squeeze” on banks with tax increases.CS Venkatakrishnan said the government needed to look at its own spending levels as the chancellor, Rachel Reeves, seeks ways to address a fiscal hole when she announces her budget in November. Continue reading...

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