It's up.
2% this year and then next year, if RPI is better than -2.8%, we get 0.1% for every 0.1% it is better than the-2.8% figure.....up to a max of 1%.
Make your own minds up....I'm pretty disgusted at it. After a year of negotiation we are taking AT LEAST a paycut of 1.8% in real terms.