9 weeks until pay rise

[Rommagic]

What will it be worth?.

[Saturn1]

Nothing because CPI inflation has hit 3.4%, the agreement only covered between 2 - 3%, with a clause to reopen negotiations above 3%.

The company have threatened to abandon the pay deal if ODM is not brought in also.

[SMS1969]

3.4% was the December figure, January hasn’t been released yet , but is expected to drop below 3%. Remember, the pay rise is dictated by the average figure over January, February and March. If it drops below 2% or rises above 3%, negotiations reopen.
I expect the ODM to be pushed through by executive action, so we should see a pay rise.

[TopperGas]

The central bank published short-term forecasts with its Monetary Policy Report in November 2025. They forecast inflation would come in at 3% in January, 3.1% in February, and 3.2% in March.

If they get the forecast more or less correct then the average will be over 3%?

[SMS1969]

Yes,which would trigger renegotiations.

[Bosley]

Yes,which would trigger renegotiations.

correct

[Perseus]

So a pay rise around September then.