nick venedi

Saturday, 4 December 2010

Cost of living concerns

Last month's inflation figures, showing RPI at 4.5 per cent in October, represented 'bad news for struggling families', the TUC said in response. With fourth-fifths of pay deals below 3 per cent, VAT about to be hiked, and a pay freeze about to begin in the public sector for workers on £21,000 or above, millions of workers faced a harsh cut in their living standards.
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