In UK house price inflation is about 12-15%. If you're saving for spending on housing then that's your benchmark for investments to beat. Reportedly, RPI [Retail Price Index] is ~4-5% IIRC. Government controlled pay was frozen for everyone except MPs, AFAICT. UK gov managed to hit the poorest with a NI increase too, but at least they reduced tax on champagne (yes, really).
In UK house price inflation is about 12-15%. If you're saving for spending on housing then that's your benchmark for investments to beat. Reportedly, RPI [Retail Price Index] is ~4-5% IIRC. Government controlled pay was frozen for everyone except MPs, AFAICT. UK gov managed to hit the poorest with a NI increase too, but at least they reduced tax on champagne (yes, really).