Raising The Minimum Wage
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23 Sep 2014
The introduction of the National Minimum Wage in 1999 was a great achievement. This policy ended the exploitation of millions of Britain’s workers and increased productivity without job losses. However, the challenge we faced 15 years ago is different to the one we face today and the one we will face in the coming years.
That’s why I would like to see the National Minimum Wage raised to £8 an hour by 2020, a move that would put an extra £3,000 a year in the pockets of Britain’s lowest paid workers.
One in five British workers find themselves struggling on low pay, often relying on benefits or tax credits to top up their wage so they can simply afford the essentials, even though they often work long, hard hours. This can’t be right. If you work hard you should be able to bring up your family with dignity without relying on the taxpayer to make up the difference.
The Government is boasting that the economy is fixed but we’ve seen a recovery that is working just for the few. We need a plan for Britain’s future that ensures we become a country that rewards hard work again. That begins by guaranteeing that everyone in Britain should be able to live on the wage they earn.