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The British minimum wage goes up in October

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Saturday, February 26, 2005 The British Prime Minister Tony Blair has announced that the minimum wage is to go up from GBP 4.85 (EUR 7.03) per hour to GBP 5.05 (EUR 7.32) per hour in October and GBP 5.35 (EUR 7.76) per hour in October 2006. The minimum wage for 18-21 year-olds, the development minimum wage will also go up from GBP 4.10 (EUR 5.94) per hour to GBP 4.25 (EUR 6.16) per hour. The rises was a recommendation by the Low Pay Commission, a government organisation responsible in the minimum wage said that the minimum wage has increased the amount of jobs in the market.

The minimum wage started in the UK in 1998 as one of the election proposal of the Labour government and it started at GBP 3.60 (EUR 5.22) per hour.

The Trade Union Congress said they welcome the rise, however they want the minimum wage to go up to GBP 6.00 (EUR 8.70) per hour. The Confederation of British Industry (CBI) called for a "pause year" on the minimum wage to assess the above inflation rises

Political speculators are says the announcement is to coincide with a possible general election in May this year.

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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.
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