Posted by John Nichols on November 15, 2005 at 20:09:09 from 165.91.198.54 user Mcneacail.
In Reply to: Re: Steel Centreboards in about 1950ish. posted by John Nichols on November 15, 2005 at 20:05:04:
Labour pledges minimum wage rise to £5 an hour
Patrick Wintour and Nicholas Watt
Thursday March 11, 2004
The Guardian
Labour is planning to go into the next general election with a commitment to raise the minimum wage to at least £5 an hour - a key demand of leading trade unions.
In a move which will delight the Labour grassroots on the eve of the party's spring conference this weekend, Tony Blair confirmed yesterday the minimum wage would rise by 8% to £4.85 an hour in October.
Government sources indicated this would clear the way for an increase to at least £5 on the eve of the general election, which is expected in the early summer of next year.
Which means that at 2000 hours per year (40 hour week) the minumim wage is 10,000 punds per annum. This is considerable higher than the minimum wage in the USA.