Re: Emergency Budget 2010
You're right about £9,490 .. was a typing error.
What I was saying was that there is no cushion for me on a low income, and the rise Barry talked about happens anyway. The new rise linked to earnings may be very little more as pays are frozen which will depress earnings inflation. So, buying essential expensive goods and services, which I find difficult these days, will take them out of my pocket. The gap widens between rich and poor. The new rise will help the big earners too don't forget who can afford essential services without effort, even with the VAT increase.
I don't like freezing wages either for public sector workers over £21,000 for two years. Doesn't help with any incentives to work well.
Mind you, this is happening too in the private sectors as government budgets are being cut.
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