Tuesday, 20 March 2012

Court of Appeal upholds Con Dem RPI/CPI swindle

Bad news this morning from the Court of Appeal which has backed the 2-1 High Court ruling against the joint union case that the Con Dem government had acted beyond its powers granted by the Social Security Administration Act in introducing the revised indexation formula as part of its austerity measures. The BBC reports that the Court of Appeal ruled unanimously that ‘the government would have made the switch, even if the UK's economic situation had been discounted’ http://www.bbc.co.uk/news/business-17444656