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Old 19th Nov 2011, 17:53
  #63 (permalink)  
F.O.D
 
Join Date: Sep 2006
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Whilst I agree that as many as possible should sign the CPI/RPI petition, I fear that George Osborne may have more cunning plans up his sleeve. Last year, he changed the index for benefit and pension inflation uplifts from RPI to CPI (awaiting a high court judgement of the legality of this change). As CPI is higher than he would like, he is apparently looking for other more imaginative ways to calculate inflation to produce an answer that he does like!! On Friday AM, the BBC were reporting that he was seeking to increase benefits (and possibly pensions) by a 6 month average inflation figure of nearer 4%, thereby avoiding the peak figure of 5.2% for September. Presumably this is so he can divert more UK taxpayers' money as aid to regional nuclear superpowers such as India. You couldn't make it up. Stalin could have learnt something from these thieves. Hopefully some of the grown ups (if there are any left) in the Tory party will persuade him to desist.
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