Christmas will be fine – but no thanks to Boris.
The logistics industry functions on lean margins – therefore we have no issue with raising pay in the sector as long as the general public understand the cost of this. Prices for distribution – which frankly have been kept below their real value level for years – will go up. And that is inflationary throughout the supply chain. Therefore the sector may have better wages but this is how that translates to the general public: the prices of goods online and in the shops will increase – and that will impact on inflation, the ONLY lever the Bank of England has to control that is interest rates. Therefore, mortgage costs will go up too. Wages may be higher but throughout the rest of society the general public will feel poorer. Who wants that?