• News Feeds
Page last updated at 07:27 GMT, Wednesday, 14 October 2009 08:27 UK

Wage 'catch up' for public sector


The basic state pension will rise by �2.40 per week next April, even though inflation measured by the Retail Prices Index (RPI) was negative last month. Pensions are altered in April in line with the inflation rate the previous September, which fell to minus 1.4%. The government has pledged that the basic state pension will rise by at least 2.5% each year if inflation falls below this level. Mark Serwotka of the Public and Commercial Services Union and economics editor Stephanie Flanders analyse how a low-inflation environment could impact on pensions and wage expectations.

Story Tools


Sign in

BBC navigation

Copyright © 2019 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific