RE: Banks brace for shock raid on rates windfall9 Oct 2022 13:26
TFE,
The new GOV has continued in Doris's populist style; leak to the media and see what the public think. The benefits changes are mainly a decision on uplifting the existing package at the inflation rate or the rate that earnings are increasing at. The former is more equitable, as the poorer feel inflation more than the rich; the latter is more popular with their members.
But I expect you know that...