2% is unacceptable unless PB and every manager is getting the same, which they wont.
So it is acceptable if PB has the same rise?
Stop looking over your shoulder to see what others are getting. We have no idea what is written into the contracts of our beloved leaders. We would be the first to moan if they tried to do someting outside our contracts eg stopping all incremental rises.
Don't get me wrong, I don't agree for one minute that they should be taking such larger rises if the company is going to be in the mess they predict.
I happen to think that 2% is just about acceptable in view of the overall situation-but I'm not happy, I'd much prefer 10%.
The result may indeed lead us to industrial action,
Really? Over maybe 1% if we're lucky and another protracted negotiation? I very much doubt it.