anotherthing - I agree, I read this to be a two year deal (for 09/10) which is based on the rpi from (aug08, aug09). The aug 10 rpi is a red herring here as thats what we wuold expect the next pay deal to be based on!
The only unknown is the figure three and a bit months from now, which is quite close given that it is a two year deal, and there is the 1% buffer built in too.
Im not advocating which way to vote (I dont know myself yet!), but I dont think this deal is as bad as it seems...
ps. apologies for repetition with above post!
Last edited by landedoutagain; 8th May 2009 at 11:14.
Reason: crossed with jonny b good, and ps