CPI vs RPI

http://www.thisismoney.co.uk/money/article-1693602/CPI-RPI-What-does-it-all-mean.html

Hi Guys

We are talking economy over the next few lessons. You just need to know about the effect of government spending and taxation decisions upon businesses. Also you will need to know how the economic climate will affect businesses in general.

You do not need to know the difference between RPI and CPI unless you are studying economics but you may be interested so take a look above.

There is a valid debate going on as to the unfairness of the chancellor linking pensions to CPI as it means state pensioners (Which means the poorest pensioners if they have no additional private/public pension) lose out because CPI rises more slowly and therefore the government saves money. Is this fair? Or given how many state benefits and advantages pensioners have is it just a way of saving money to spend on the more youthful, productive members of society?

I am being argumentative but you would be surprised at some of the rhetoric surrounding this online and in the popular press.