Martin Vander Weyer Martin Vander Weyer

Early retirees: your country needs you

Your Country Needs You, Kitchener poster, 1914 (Alamy) 
issue 14 January 2023

Bank of England chief economist Huw Pill had an unusually hard act to follow when he was appointed – after stints at Goldman Sachs, the European Central Bank and Harvard – to succeed the free-thinking Andy Haldane in 2021. Pill’s face is still not one most of us recognise, but he’s an interesting speechmaker and his latest, delivered in New York, is worth reading for its analysis of the UK’s labour market problem and its potential to prolong the current inflation.

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