DEBATE: Should Rishi Sunak scrap the RPI inflation measure in today’s Spending Review? Should Rishi Sunak scrap the Retail Prices Index (RPI) inflation measure in today’s Spending Review? Angus Hanton, co-founder of the Intergenerational Foundation, says YES. We need to say RIP to RPI. Why? Because the use of the Retail Prices Index (RPI) is based on a flawed methodology — one which disproportionately impacts younger generations. From [...]
