Tag minimum wage


UK: Wages outpaced by cost of living

UK: Wages outpaced by cost of living

Even though there was some good news for the economy today with an increase in the amount of employment growth and a marginal decline in unemployment that suggests that the downturn at the beginning of 2013 may have just been a blip, there is increasing evidence that people who are currently in work are accepting…

UK Minimum Wage to rise – will it affect your business?

UK Minimum Wage to rise – will it affect your business?

The Business Secretary Vince Cable announced today that the minimum wage in the UK is set to rise on the recommendation of the Low Pay Commission. Adult minimum wages will increase by 21p per hour to £6.31 and by 5p to £5.03 for 18-to-20 year olds, in line with what the commission recommends. Mr Cable…

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