Tag Archives: Inflation

How to calculate inflation between two dates.

Imagine you wanted to work out what an inflation-rate increase between two dates is? Here’s an outline that I’ve drafted with extensive help from Nick Kardahji in the Prospect research team. Say you are preparing a pay claim for some … Continue reading

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Inflation – latest

Not a detailed post but a useful snapshot. The latest KPMG forecast for UK inflation has it peaking at more than 10% later this year (due to energy price spikes)… pic.twitter.com/7RvQ49MVi3 — Ben Chu (@BenChu_) March 9, 2022  

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January’s inflation figures

Today’s UK inflation figures show cost-of-living increases that reach the highest rate for over 30 years. The Office for National Statistics (ONS) reported that the consumer prices index (CPI) measure of inflation increased to 5.5% in January from 5.4% a … Continue reading

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Inflation update (spoiler alert: it’s not good news)

Towards the end of last year, economic forecasters could safely have been described as ‘alarmed’ by inflation figures. I don’t post on this every month (the last real mention was here) and I was briefing members towards the end of … Continue reading

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You need a 7.1% pay-rise to stand still.

In the light of today’s news about cost-of-living increases… With tax rises in April and inflation set to hit 5% someone on average earnings will need a wage rise of over 7% to keep their living standards constant https://t.co/UpkxBM1Iku — … Continue reading

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Cost of living price rises – it’s all bad news

There’s lots of bad news around for anyone who isn’t enjoying significant wage rises at the moment. ONS figures are reporting that the consumer prices index (CPI) measure of annual inflation rose to 4.2% in October, up from 3.1% in … Continue reading

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Negotiating expenses for working in London (a guide for non-Londoners)

If (for example) you are based in Glasgow but you are asked to spend time working in London, what % uplift should you ask employers for when negotiating expenses? There’s a website called Numbeo that tracks and compares the cost … Continue reading

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Prospect Pay Bulletin April 2021

The Prospect Pay Bulletin for April 2021 is available now – here [login required], with latest inflation, settlements and labour market data, as well as a report on Qinetiq’s finances and on new data on outcomes for homeworkers.

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