New Inflation Rates

Head Office Circular No. NP/0216/12

To the Secretary all Branches,

Council of Executive members,

Regional Councils and Regional Offices.

Tuesday 18^th September 2012

Dear Colleagues,

New Inflation Rates

The Office of National Statistics has just published new inflation figures for the twelve months to August 2012. 

The Retail Price Index (RPI) stood at 2.9% for the year to August 2012, down 0.3% from the 3.2% figure to July 2012.

The Consumer Price Index (CPI) stood at 2.5% for the year to July 2012, down 0.1% from the 2.6% figure to July 2012.

According to the ONS, the largest downward inflationary pressures came from household goods, housing & household services (particularly gas bills), clothing & footwear and food. The only significant upward pressure came from motor fuels, fares & other travel costs.

RMT pay submissions will continue to emphasise that your financial commitments have increased at a greater rate than inflation and that your living standards are undermined by this disparity.

Yours sincerely

Bob Crow

General Secretary

Circular No. NP/201/12

31^st August 2012

H.O. Ref: R14/5

TO:  ALL BRANCHES, REGIONAL COUNCILS, REGIONAL OFFICES,

        COUNCIL OF EXECUTIVES & HO OFFICERS.

Dear Members,

RMT PAY BULLETIN

August 2012

The Office of National Statistics has just published new inflation figures for the twelve months to July 2012. 

The Retail Price Index (RPI) stood at 3.2% for the year to July 2012, up 0.4% from the 2.8% figure to June 2012.

The Consumer Price Index (CPI) stood at 2.6% for the year to July 2012, up 0.2% from the 2.4% figure to June 2012.

According to the ONS, the largest upward pressures on the change in the RPI rate came from the purchase of cars, air fares, clothing & footwear and housing.

Additionally, with RPI at 3.2% rail fares are set to increase by an average of 6.2% (RPI + 3%) in January 2013.

RMT pay submissions will continue to emphasise that your financial commitments have increased at a greater rate than inflation and that your living standards are undermined by this disparity.

Recent non-RMT settlements

Company /Sector	Award	Effective From
BAE Clyde (Engineering)	· 3% rise in basic pay	1 Apr 2012
Mersey Docks & Humber Company (Shipping)	· 3% pay increase	1 Jun 2012
Boots Logistics (Road Transport)	· 2% basic pay increase	1 Jun 2012
Babcock Marine Rosyth (Engineering)	· 3% rise in basic pay	1 Apr 2012

Recent RMT Settlements

Company	Award	Effective From
Train Operating Companies & Freight Operating Companies
Northern Rail	Two year deal · First Year: 3.5% increase or £600, whichever is the greater, from 1st April 2012 to 6th January 2013. · Second Year: 3.3% increase or £570, whichever is the greater, from 6th January 2013 to 6th April 2014.	1 Apr 2012
Bus and Road Transport
Stagecoach South (Winchester Drivers)	· Backdated pay increase of 1% · 0.5% effective 5th August 2012 · 2% increase effective from 30th December 2012. · Next full pay review effective from 29th Dec 2013	25 Dec 2011

Yours sincerely,

Bob Crow

General Secretary