Today Retail Price Index inflation is reported at 5%. Ouch!

National pay negotations for local government employees appear stuck around 2.45%. So a real term pay cut while they help councils deliver productivity gains ahead of national government ‘Gershon’ targets (while that same national government fails to meet its own productivity targets).

The same week it’s revealed that 26 London MPs voted themselves a 9.4% basic pay rise and Cabinet ministers a 4.3% pay increase. Which also means a mega pension increase when they stop being MPs.

Shouldn’t MP salaries be linked to average earning and pensions. They be very motivated to implement policies that boost wages and pensions.