Minimum wage to increase next week
9:50am Friday 28th September 2007
MILLIONS of workers will benefit from an increase in the national minimum wage and extra paid holidays from next week.
The adult minimum wage rate will rise from Monday from £5.35 to £5.52 an hour and from £4.45 to £4.60 an hour for 18-22-year-olds.
The rate for 16 and 17-year-olds will go up from £3.30 to £3.40 an hour.
Meanwhile, statutory paid leave will increase from Monday from 20 days a year to 24 days.
TUC general secretary Brendan Barber said: "Monday's minimum wage increase will provide a much-needed boost to the pay packets of millions of low-paid workers.
"Unions would have liked a bigger increase but at this level there is nothing for businesses to complain about. The UK economy can easily afford a larger minimum wage increase next year."
Your Say Yourtheboltonnews
LEE, Little Lever says...
10:03am Fri 28 Sep 07
tom3465, farnworth says...
10:04am Fri 28 Sep 07
Sun Tzu, Bolton says...
10:26am Fri 28 Sep 07
It is wrong that a person younger than 23 is not entitled to the same protection from exploitation as a person 23 or older.
Mike Davies, Horwich says...
12:53pm Fri 28 Sep 07
If you want more money - get a better job.
Chris N Amos, Darcy Lever, says...
2:48pm Fri 28 Sep 07
Mike Davies wrote:Yeah Mike, I seem to recall this argument being made in 1997 when it was first introduced. And its made each year the minimum wage goes up. In fact isnt it now the case that has jobs have not been lost as a result of the minimum wage, even the Tory party now accept it?
How will workers benfit. Either jobs will go abroad to lower wage economies, or firms will speed up mechanisation. If you want more money - get a better job.
Daniel, Accrington says...
4:43pm Fri 28 Sep 07
tax payer, Bolton says...
6:47pm Fri 28 Sep 07
Chris N Amos, Darcy Lever wrote:"In fact isnt it now the case that has jobs have not been lost as a result of the minimum wage,"
Mike Davies wrote: How will workers benfit. Either jobs will go abroad to lower wage economies, or firms will speed up mechanisation. If you want more money - get a better job.Yeah Mike, I seem to recall this argument being made in 1997 when it was first introduced. And its made each year the minimum wage goes up. In fact isnt it now the case that has jobs have not been lost as a result of the minimum wage, even the Tory party now accept it?
Outsourcing work to india (which is largely due to our greater wages) will provide the Indian nation with an additional 2,300,000 jobs by 2010. There are 29,000,000 jobs in the UK.
Think it a bit naive to say a minimum wage or increase thereof will not lose jobs.
B.A.J., Blackburn says...
9:01pm Fri 28 Sep 07
Nobody these days wants to pay a decent wage.
Its no wonder they cant fill such vacancies.
john, bolton says...
9:21pm Fri 28 Sep 07
melody shaw, bolton says...
11:15pm Fri 28 Sep 07
tax payer, Bolton says...
1:54am Sat 29 Sep 07
Bilbo Joe, Ont' pewt says...
7:17am Sat 29 Sep 07
RagReader, Horwich says...
9:32am Sat 29 Sep 07
john wrote:Cutting the 10 percent tax band is the sneakiest thing Gordon Brown's ever done,it takes money of the low paid and people on company pensions.
So here we have it the labour government have increased the minimum wage by 17p an hour. Now in April low pay workers lose the 10% tax band and have to pay an extra £200 a year or £4 a week in tax. So part time workers doing say less than 23 hours a week will take a pay cut next year. Nice to be poor in Labour Britain 2007. However if you're very rich you probably don't pay tax at all, your cleaner and nanny pay it for you!
Before anybody comments,not all company pensions are large amounts,at the moment I pay just over £2 a month tax on mine,I haven't calculated what it will be after the tax rise,but Gordon won't be getting my vote.
RagReader, Horwich says...
9:51am Sat 29 Sep 07
bob'o bob, in a Lava Lamp says...
11:29am Sat 29 Sep 07
Only months before the introduction of the minimum wage I (and other workmates) had to do 70 hour weeks (and 3 nights away a week) to take home £600 a month. The rate was £2.50 p/h. The bosses drove round in brand new top of the range Porsches, BMW's, Merc,s etc...
The minimum wage helped for a few months, until I was made redundant (they wanted to upgrade to a couple of Ferrari's) and found an employer who paid a far better rate (£5.25p/h) and I could spend time with my family again.
The scrapping of 10% taxation band is another underhanded way to benefit the government, while they ignore Billions of unpaid corporate tax from some of the top 10 british companies.
Mr. Minimum Wage, Skid Row says...
3:12pm Sun 30 Sep 07
£5.52 an hour?
Whoop-de-f**kin' do...
Christian, Blackpool, Lancs says...
6:04pm Sun 30 Sep 07
Your sayYourtheboltonnews
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jimbobob, halliwell says...
9:56am Fri 28 Sep 07