A tweaked version of the blog which was posted here on November 15th. This now uses the NLW figureof £10.42 an hour, announced in the Autumn Statement of 17th November. The differences are small but deserve precision. Another update to my previous postings, looking at the real gains (and for whom) of increases in the […]
The driver for limiting benefits increases, instead of linking them to inflation, appears to be presented as an argument that it’s not fair for working people to receive a 5% pay increase while people on benefits will get around 10%. That seems to be a very simple and easy comparison to make and might appear […]
People know that when their bills arrive, they can either cut their consumption or they can get a higher salary, higher wages, go out there and get that new job – Jake Berry MP. Conservative Party Chairman The ‘fiscal event‘, and its reactions and consequences, are not what I really want to look at in […]
There’s been some discussion recently about the use of pension savings, after the age of 55, to help meet the cost of living increases that are affecting many people. You can see some of this discussion on Henry Tappers blog about pensions (a highly recommended read): The cost of living crisis – and the value […]
This is a quick update to my posting of two years ago, looking at the real gains (and for whom) of the increase in the National Living Wage (NLW). You can read that in my blog at https://benefitsinthefuture.com/national-living-wage-cui-bono/. Once again, this year, the government have proudly told us that the substantial increase in the NLW […]