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Old 16th Feb 2006, 11:53
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Grimweasel
 
Join Date: Nov 2001
Location: uk
Posts: 611
Received 1 Like on 1 Post
Good news for any Cpl's living in the Block then! Pay increase of 3% but food and accn increase of 3.2% thus resulting in a net pay decrease!!
Nice to see Labour are trying to Spin this one and force Cpl's into private rented accn.
Pte's / Lcpls get 3.3% so their net increase (if they live in) is ponit 1 %
Whoopee.
Now this would be nice if inflation was at 2%, but these are government figures spun out by Labour.
The Bank of England expect inflation to rise within this two year cycle to 3% before any further decreases in the rate. So this will wipe out your pay rise anyway!
Enjoy!
Grimweasel is offline