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Old 14-10-2008, 15:30   #13
jambutty
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Unhappy Re: Inflation at 5.5%

Quote:
Originally Posted by den the menace View Post
i am fairly certain that HMG is obliged by THE SOCIAL SECURITY ACT to uprate benefits/pensions/allowances in line with the inflation figures for the year ending in september of the previous year.
I’m sure that you are right in that assumption but the government passed the act and they can change it if they want to. Or find a new way of calculating inflation so that the ‘new’ figure is much lower than the true one.

In fact the alleged ‘true’ figure isn’t as true as it should be.
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