15-10-2008, 10:08
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#21
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Resident Waffler
Join Date: Jun 2004
Location: Accrington, Hyndburn
Posts: 18,142
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Re: Inflation at 5.5%
Quote:
Originally Posted by Greg Pope
Willow said that MPs will be able to vote themselves a higher than inflation pay rise to cover themselves. I haven't got the exact figure to hand but I think that this year MPs voted themselves a 1.9% rise in line with other public sector workers, the 7th year in a row that the rise has been lower than inflation.
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Thanks Greg. I did say that they are able to, it's nice to know that in spite of being able to they don't intend to.
Quote:
Originally Posted by MargaretR
Does my memory serve me correctly? - in the 50s and maybe even 60s, pay rises were campaigned for in ££££ not %%%%
A percentage rise in a low wage still makes for a low wage.
Whoever started this percentage rise system has just widened the gap between the richest and the poorest
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My working life doesn't extend back that far but I do wholeheartedly agree with you that percentage increases only serve to widen the gap between higher and lower pay. A £1 increase in prices is felt more by a lower paid worker too so to be 'fair' it should be the lower paid that get a higher percentage increase than the higher paid, on a sliding scale. Can't see that going down well with fat cats though.
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