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Future of RPI (Read 223 times)
Knocking On
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North of Watford
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Future of RPI
Jan 18th, 2020, 3:10pm
 
I see that the Chancellor has announced that a consultation on the shortcomings of RPI which was due to launch this month will launch on Budget day (11th March).

The consultation will take six weeks until April 22nd that is, and the Gov will respond before the summer recess.

Now I wonder what the response will be?

I think our upcoming April rise will be the final one based on RPI.

There has been talk of also scrapping CPI and inventing a new measure altogether for the purposes of increasing pensions only.
I did read about it a while ago but unfortunately cannot remember where.


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