Welcome to Pay Cut era

[Heathccfc]

Inflation below zero 1st time in 55 years

[TH63]

Inflation below zero 1st time in 55 years

That's one in the eye for public sector index linked pensions

[Feedback]

So this means that with no pay rises we are better off and with pay rises of 1% we are quids in. Bonus.

[TH63]

This, probably temporary by all accounts, dip is in the RPI.

Do you think this might be due to increased competition and subsequent price cuts within the supermarket sector combined with low oil prices?

Also, wasn't the way in which RPI was calculated changed a couple of years ago, therefore making comparisons with 50 years ago largely irrelevant?

[GRUMPYS DEN]

Inflation below zero 1st time in 55 years

That's one in the eye for public sector index linked pensions

They'll still do OK-no increase will still mean they are better off!!

[bobh]

Inflation below zero 1st time in 55 years

That's one in the eye for public sector index linked pensions

Pensions (and benefits) have been linked to CPI for the last few years.

[Feedback]

Inflation below zero 1st time in 55 years

That's one in the eye for public sector index linked pensions

Pensions (and benefits) have been linked to CPI for the last few years.

Triple lock