Facts about Pay and Inflation
If you want to keep up with the latest statistics on pay settlements, inflation and other employment-related facts, you could try looking at the IDS website.
One fact it will tell you is that median pay settlements are currently running at 2% - a full 0.5% higher than LUL and TfL's current offers. ['Median' is one type of average, found by arranging the values in order and then selecting the one in the middle.]
The median figure was even higher in April, when our pay rise was due, and in February, the month whose statistics are used to calculate pay rises.