Boris Johnson plans to increase the minimum wage.
Unrelated: https://www.youtube.com/watch?v=uVXjXmy8_Yk
Low-paid workers will receive a 6.2 per cent rise from next April as Boris Johnson seeks to shore up support among working class voters who helped deliver him a thumping victory in this month’s general election.
The government said it was delivering the “biggest cash increase ever” as it announced plans to lift the national living wage for workers aged over 25 from £8.21 an hour to £8.72. In the previous three years, the rise in minimum wage varied between 4.2 per cent and 4.8 per cent.
“Hard work should always pay, but for too long, people haven’t seen the pay rises they deserve,” said Mr Johnson in a statement released by the Treasury. The rise in the national live wage corresponds to a £930 increase in annual earnings for a 35-hours-a-week worker compared with the current rate. When compared with the fiscal year ending in March 2016, the increase adds up to £3,680 in additional annual earnings, according to the Treasury.
https://www.msn.com/en-gb/money/news...age/ar-BBYtB3K
The government said it was delivering the “biggest cash increase ever” as it announced plans to lift the national living wage for workers aged over 25 from £8.21 an hour to £8.72. In the previous three years, the rise in minimum wage varied between 4.2 per cent and 4.8 per cent.
“Hard work should always pay, but for too long, people haven’t seen the pay rises they deserve,” said Mr Johnson in a statement released by the Treasury. The rise in the national live wage corresponds to a £930 increase in annual earnings for a 35-hours-a-week worker compared with the current rate. When compared with the fiscal year ending in March 2016, the increase adds up to £3,680 in additional annual earnings, according to the Treasury.
https://www.msn.com/en-gb/money/news...age/ar-BBYtB3K
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