The government is going to be extremely generous…?

by on November 15, 2022

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 […]

Inflation increases for earnings and benefits – it’s not that simple

by on October 6, 2022

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 […]

Cost of living, pensions and some difficulties

by on August 9, 2022

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 […]

The government is still extremely generous…

by on April 3, 2022

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 […]