Britain’s minimum wage is catching up with pre-pandemic ambitions
Another bold increase after a pause during the covid-19 pandemic
ONE OF THE pre-budget leaks—designed to ensure positive press in advance of the big event—was that the minimum wage would rise from £8.91 ($12.23) to £9.50. This will lift the pre-tax pay of a full-time worker by £1,000 a year from next April, in keeping with the government’s promise to deliver a high-wage economy. Yet if the politics of the move were obvious, the economics were less so.
This article appeared in the Britain section of the print edition under the headline “Pay up”
Britain October 30th 2021
- Rishi Sunak’s budget marks a turn to big-state Conservatism
- Ministers roll out the red carpet for entrepreneurs and their investors
- What’s behind the Great British Battery Bonanza?
- Britain’s minimum wage is catching up with pre-pandemic ambitions
- A bronze chicken looted in 1897 is flying back to Nigeria
- An attempt to stop Britain sharing expats’ data with Uncle Sam
- The greening of Boris Johnson
From the October 30th 2021 edition
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