George Osborne backs minimum wage rise to £7 per hour
The minimum wage could rise to £7 an hour by 2015, Chancellor George Osborne has told the BBC. Osborne said the "economy can now afford" an above-inflation rise.
The minimum wage could rise to £7 an hour by 2015, Chancellor George Osborne has told the BBC. Osborne said the "economy can now afford" an above-inflation rise.
Chancellor George Osborne has tweeted:
Because our long term economic plan is working Britain can afford a real rise in the minimum wage to secure a recovery for all
The Chancellor has said he is in favour of a rise in the minimum wage above the rate of inflation in an apparent turnaround.
Chancellor George Osborne has said that the country can afford an above-inflation increase in the national minimum wage ahead of elections.