Profile image for Copson Grandfield Chartered Accountants

Proposal for 3% minimum wage increase

Business News - 27 Feb 2014

The Low Pay Commission (LPC) has recommended an increase in the national minimum wage to £6.50 per hour for adults.

Given recent reports of economic recovery, it is thought possible that the UK can support a higher wage. If the proposal is accepted it will be the first increase, in real terms, for five years.

David Norgrove, Chair of the LPC, said: 'We have had to balance the risk of recommending more than business and the economy can afford, bearing in mind the pressures on low-paying sectors and small firms, against the risk of doing too little to start to restore the real value of the earnings of the lowest paid'.

Read more here....http://tinyurl.com/njcmrqb

          
 
      

Join the Discussion

       
max 4000 characters
        
      

Local Jobs

       
   

Search for...

       
        
Min price is bigger than Max price
        
Min price is bigger than Max price
        
Min rent is bigger than Max rent