(FILES) This file photo taken on October 18, 2014 shows people holding an inflatable sign as thousands march in London against falling real wages. / AFP / Leon NEAL AND Leon NEAL
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Britain's Conservative government raised the minimum wage by 7.5 percent Friday in a move denounced by critics as largely symbolic in an era of state austerity.Around 1.8 million employees will benefit from the National Living Wage (NLW). In Britain, where unemployment is relatively low at around 5.0 percent, large wage inequalities persist and London School of Economics professor Alan Manning described the NLW as "more symbolic" than anything else.The NLW will affect just 0.1 percent of the country's payroll, while workers under the age of 18 will still earn below £4.00 an hour as a minimum wage.Business lobby group the Confederation of British Industry (CBI) gave a lukewarm response to the National Living Wage.
FOLLOW THIS ARTICLE