Its all part of the psychology to brainwash us
Look at PB's photo on NATS intranet. Its all carefully managed (no doubt at great expense). He is not smiling or sad, more of a pissed off look

. Management are using the intranet to "manage the staff". Each shafting is preceeded by bad news and hard times, with the emphasis on "we have no dosh". The comments from staff are carefully monitored to gauge the mood and to gain ideas on where to make cuts. Yet only last year they were boasting how efficient the company is, reaching out with its "tentacles" to capture business overseas.
I dont think we will get anything more than a 1% pay rise this year, despite the fact it should be 5.8% (Aug RPI+1%)