04-12-2023, 05:59 PM
If I understand things correct the BBC was expecting or asking for an increase that was based on a '12 month average' inflation, which equated to £15. By contrast the government is considering using September's inflation figure, which is lower and I believe nearer to £10.
Had it not been frozen at £159 in April 2021 and increased with inflation it would now been £188.15, according to the Bank of England's inflation calculator. If you go back further to the 2010 £145.50 freeze with inflation that would now be £214.04.
Given the cuts recently announced I'm struggling to immediately think what else they could easily cut or reduce to save money.
Had it not been frozen at £159 in April 2021 and increased with inflation it would now been £188.15, according to the Bank of England's inflation calculator. If you go back further to the 2010 £145.50 freeze with inflation that would now be £214.04.
Given the cuts recently announced I'm struggling to immediately think what else they could easily cut or reduce to save money.
Formerly 'Charlie Wells' of TV Forum.