Unite are calling for an immediate £1.50 increase in the minimum wage to help millions of low paid workers and boost the economy: The minimum wage should be increased immediately to £7.81 an hour, Britain’s biggest trade union has said, arguing it would boost the economy as well as lift millions of low paid workers out of poverty. Unite said a £1.50 increase from the current hourly rate of £6.31 was affordable because it would generate an estimated £2.1bn in revenues for the public purse and create at least 30,000 jobs. About 4.6m low-paid workers would benefit, making them better off by an average of £1,400 a year, according to an independent report commissioned by the union. Len McCluskey, general secretary, said: “We have long-argued for an immediate uplift in the minimum wage of £1.50 to get people out of poverty and get some real growth into our economy, not this phoney one fuelled by a housing bubble. “This report shows that this is both affordable for employers, would in fact create not cost jobs, and is a great deal for the national finances. It need not be put off any longer.” gu/p/4xqh8
Posted on: Fri, 26 Sep 2014 06:31:39 +0000
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