Amadeus Posted January 18, 2022 Share Posted January 18, 2022 Buy Bitcoin Quote Link to comment Share on other sites More sharing options...
WTF Posted January 18, 2022 Share Posted January 18, 2022 (edited) it will be down just in time for wage rise figures to be calculated. Edited January 18, 2022 by WTF 3 4 Quote Link to comment Share on other sites More sharing options...
Banker Posted January 18, 2022 Share Posted January 18, 2022 19 minutes ago, WTF said: it will be down just in time for wage rise figures to be calculated. No doubt public sector including the many on £100k+ will want 6% pay rises 2 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 18, 2022 Share Posted January 18, 2022 (edited) These figures will undoubtedly feature in the next round of PS pay talks (not that 2021 has been settled yet). Meaning that the employee negotiators will go in at 6% plus 1% or 2% for general improvement. Settlement would probably be reached at @ 5% which in "real terms" is a cut but still better than most will get. That obviously has placed upward pressure on whatever final settlement is reached and that money has to be found from somewhere, plus any inflation-linked pensions. So up again go Govt taxes, fees and rates to cover it unless AC and DA feel that dipping into a £400M loan is the way to go. Everybody else cops for it and is left playing catch up. Edited January 18, 2022 by Non-Believer extra bit 2 Quote Link to comment Share on other sites More sharing options...
cissolt Posted January 18, 2022 Share Posted January 18, 2022 Have they worked it out properly this time? Quote Link to comment Share on other sites More sharing options...
Numbnuts Posted January 18, 2022 Share Posted January 18, 2022 (edited) 35 minutes ago, cissolt said: Have they worked it out properly this time? Doubt it , do they ever , love to see how they calculate it. Electricity rises to come too and Gas yet to really bite. Fun times ahead sadly . Edited January 18, 2022 by Numbnuts Quote Link to comment Share on other sites More sharing options...
finlo Posted January 18, 2022 Share Posted January 18, 2022 4 minutes ago, Numbnuts said: Doubt it , do they ever , love to see how they calculate it. Electricity rises to come too and Gas yet to really bite. Fun times ahead sadly . Such items will conveniently be left out while including the price of a new transistor radio and other such meaningless guff. 1 Quote Link to comment Share on other sites More sharing options...
Shake me up Judy Posted January 18, 2022 Share Posted January 18, 2022 Or the cost of buying or renting a house. 2 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 18, 2022 Share Posted January 18, 2022 12 minutes ago, finlo said: Such items will conveniently be left out while including the price of a new transistor radio and other such meaningless guff. Yes, the price of a bag of pork scratchings will have been the driver behind most of this 😂 Quote Link to comment Share on other sites More sharing options...
2112 Posted January 18, 2022 Share Posted January 18, 2022 9 minutes ago, Non-Believer said: Yes, the price of a bag of pork scratchings will have been the driver behind most of this 😂 Is that measured by H&B brewery prices? You can buy bags of pork scratchings from Dealz for £1,20. Quote Link to comment Share on other sites More sharing options...
hissingsid Posted January 18, 2022 Share Posted January 18, 2022 Food has been on the increase for months no matter where you shop. 5 Quote Link to comment Share on other sites More sharing options...
x-in-man Posted January 18, 2022 Share Posted January 18, 2022 Smoke and Mirror sales up .. 2 Quote Link to comment Share on other sites More sharing options...
Andy Onchan Posted January 18, 2022 Share Posted January 18, 2022 3 hours ago, Non-Believer said: These figures will undoubtedly feature in the next round of PS pay talks (not that 2021 has been settled yet). Meaning that the employee negotiators will go in at 6% plus 1% or 2% for general improvement. Settlement would probably be reached at @ 5% which in "real terms" is a cut but still better than most will get. That obviously has placed upward pressure on whatever final settlement is reached and that money has to be found from somewhere, plus any inflation-linked pensions. So up again go Govt taxes, fees and rates to cover it unless AC and DA feel that dipping into a £400M loan is the way to go. Everybody else cops for it and is left playing catch up. WTF does that actually mean? Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 18, 2022 Share Posted January 18, 2022 (edited) 57 minutes ago, Andy Onchan said: WTF does that actually mean? Well, they always seek a pay rise regardless of the inflation figure; that inflation just adds to the sum being sought. So even if inflation was zero, they'd still look for 1% or 2% in order to improve the lot of their flock, as a matter of course. And they will cite previous under-inflation rises as justification in trying to "catch up" to previous levels. But with inflation running as what's reported that will massively increase the claim. Of course, any % settlement is usually across the board so it applies to those earning £120k as much as those earning £25k. Edited January 18, 2022 by Non-Believer extra bit Quote Link to comment Share on other sites More sharing options...
Andy Onchan Posted January 18, 2022 Share Posted January 18, 2022 8 minutes ago, Non-Believer said: Well, they always seek a pay rise regardless of the inflation figure; that inflation just adds to the sum being sought. So even if inflation was zero, they'd still look for 1% or 2% in order to improve the lot of their flock, as a matter of course. And they will cite previous under-inflation rises as justification in trying to "catch up" to previous levels. But with inflation running as what's reported that will massively increase the claim. Of course, any % settlement is usually across the board so it applies to those earning £120k as much as those earning £25k. Are "General Improvement" the actual words they use in negotiations these day? I thought that sort of crap went out of the window donkey's years ago. But hey, it doesn't matter coz it's not technically tax payers money anyway is it (to quote Eddie)? Quote Link to comment Share on other sites More sharing options...
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