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Gordon's latest brainwave

TOPIC: Gordon's latest brainwave

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#25720

In The Know

Gordon's latest brainwave 17 Years, 4 Months ago

Gordon thinks people should do 3-year wage settlements, as it helps long-term planning. WHOSE long-term planning though?

Imagine settling for say a 3% wage rise for each of the next 3 years and then along comes nPower (and others) who put up your gas and electricity by 25% (a year ?)

I hope people don't fall for it.

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#25725

Paddy

Re:Gordon's latest brainwave 17 Years, 4 Months ago
I agree with you about the point, but think your estimate that bills would increase by 75% in three years a little excessive. Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#25738

In The Know

Re:Gordon's latest brainwave 17 Years, 4 Months ago
Even if there were no further increases on power bills for the next 3 years - unlikely? - the bill would have increased by appx 25%, whereas the wages would have risen by less than 9% (as the proposed rises are to be staged and are therefor not 3% per year - more like 1.9% per year). Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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#25750

Caruthers

Re:Gordon's latest brainwave 17 Years, 4 Months ago
It's the way of the world unfortunately, for the vast majority of the working population, growth in wages never matches the inflation rate; sad but true, no matter what government are running the show! Enter code here Please note: although no board code and smiley buttons are shown, they are still usable.

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