Wednesday, Jan 17, 2007
UK inflation set to fuel pay claims
FT.com: UK inflation set to fuel pay claims
Interesting FT article about how RPI (now at 4.4%) is expected to rise to 5% by the spring. Unions are encouraging their members to ask for 'significantly above' 4.4% in their pay negotiations. 'Widespread price rises showed inflation more entrenched in the economy than the Bank had thought possible.'
Posted by wedgels @ 11:02 AM (154 views) Add Comment
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