Another clip from today’s TUC/IDS pay conference. In it, Richard discusses the major impact that the Government’s seemingly minor switch in the method used to calculate inflation will actually have on low and middle income workers and pensioners. Apologies for the rather restricted view of Richard himself – he is there behind that laptop, honest!

Trackback made by Which inflation measure does the Government prefer? | ToUChstone blog: A public policy blog from the TUC on Apr 12th 2011 at 12:27 pm:
[...] costs which are only considered by the RPI measure? The TUC has set these arguments out many times before – today’s BIS statement suggests that at least parts of the Government agree with [...]