Growing RPI/CPI gap could slash pensions by 18% after High Court ruling

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The difference between Retail Prices Index and Consumer Prices Index measures of inflation will double over the long term, the Office for Budget Responsibility predicts.

The independent forecasting body increased its prediction for the gap between the two indices to 1.4 percentage points - twice average difference over the previous 22 years. This is also 0.2 per...

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