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stable-genius
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2023-12-15 11:47:41

stable-genius on Nostr: According to the Bank Of England’s Inflation Calculator, UK inflation from Jan 2023 ...

According to the Bank Of England’s Inflation Calculator, UK inflation from Jan 2023 to October 2023 was 4.4%

Ignoring any further inflation until next January, and assuming you’re fortunate enough to be a higher rate taxpayer, if you want to just keep up with inflation, you’ll need a 7.5% payrise (to compensate for that which you lose to tax and NI).

You need more than that to actually get ahead.
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