General view I'm sure; if France has now hit the shit, then why shouldn't UK.
Haven't read it all yet Derek but for the interest of the pensioners on Wiki, yet again I am convinced of another fixing of figures.
Ironically, according to BBC News
the inflation rate for September is at a five year low. Down from 1.5% in August to 1.2% in September.
The obvious result of that comes when Government uses the inflation figures to benchmark State Pensions for the next year, and are calculated on the inflation rates in September.
Another 'Fix'.........happens every year, despite everything. Always September figures go down.
Quote from 2012 to explain how it works
The guarantee, which means the state pension will rise in line with whichever is higher out of prices inflation, earnings or 2.5%, was introduced in 2010. Until now it has been set in line with the rate of CPI as measured every September: state pensions increased by 5.2% last April, the rate of CPI in September 2011.
But last month the rate fell to 2.2%, so the benchmark used will be the 2.5% minimum level of increase, the highest out of the three triple lock benchmarks. The provisional earnings inflation figure released last month was 1.5%, and the revised rate is not expected to exceed the 2.5% triple lock minimum.