If Nats are offering 0%, then I expect to meet them half way and get 3%, at the very least
RPI is historical data - i.e. prices have already gone up by that amount. Anything below RPI is a pay cut in real terms, so 3% is indeed a pay cut in real terms and thus should stick to
no less than RPI - Aug08 or Sep08 figures, whichever we normally use - not latest