Barclays boss urges UK ministers to limit public sector pay rises
by Mark Sweney and Kalyeena Makortoff from World news | The Guardian on (#6ZZSH)
CS Venkatakrishnan also calls for government to avoid bank tax hike as Rachel Reeves seeks to plug fiscal hole
The 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.
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