Chancellor

Minimum wage should rise to £7 says Chancellor

Fri, 17/01/2014 - 13:03 -- nick

Chancellor George Osborne has called for an above-inflation rise in the minimum wage.

Following Labour's successes in putting the cost of living at the top of the political agenda, Osborne has joined the debate and wants a £7-per-hour minimum by 2015.

After years of smaller rises this would restore the link to inflation.

The minimum wage is currently £6.31 for those aged 21 and over with lower levels for younger workers.

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