Sign in
Stories
UK Economists Call for Minimum Wage Cut, Wages Rise Faster Than Prices
Share
UK Business Groups Call for Tax Cuts to ...
UK Business Groups Call for Tax Cuts, Ne...
UK Industry Calls for Tax Cuts, Next Gov...
Minimum Wage Calls and Wage Increases in...
Minimum Wage Commission Undermined
ONS Staff Strike Threat
Overview
API
UK economists call for a cut in the minimum wage to make the labor market more competitive. Wages in the UK are rising faster than prices, but concerns about job losses are emerging. Chancellor Jeremy Hunt plans to increase the national living wage to at least 11 an hour, benefiting two million of the lowest paid. The government is also reviewing benefit sanctions to encourage the unemployed back into work.
Ask a question
How might a cut in the minimum wage impact the labor market?
What are the potential effects of increasing the national living wage?
What measures can be taken to address concerns about job losses?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Coverage
getsu
messe