[jambutty]

Originally Posted by Neil

I don't agree that that bit. Increases should be matched as a percentage.

Salary increases based on percentages is the scourge of the west and just widens the divide between the haves and have nots.

Let us assume that the national basket costs £50 and due to inflation it increases by £5 to £55.
Let us also assume that the lowest paid worker or pensioner receives £100 per week and some CEO gets £2,000 per week. The national basket has increased by 10% so if you give each end of the spectrum a 10% increase the lowest end gets £10 and the top end gets £200. The low end gains £5 on the deal but the high end gains £195 on the deal.

Now tell me again how that can be just and fair.

Although inflation is quoted in percentages the reality is an actual cash increase and it is the same for everybody. If I go into a shop to buy something the shopkeeper doesn’t charge me less because I happen to be a pensioner and more to some person earning £500 or more per week. The price of the item is the same for all customers regardless of their income.