The national minimum wage is to rise from October, Chancellor Alastair Darling announced in today’s Budget.
There will be a 2.2% rise, bringing it up to £5.93 an hour. The national minimum wage will have risen by more than 22% in real terms since the government introduced it in 1999.
John Cridland, deputy director-general of the Confederation of British Industry, said: “This moderate increase recognises that many businesses are struggling, and helps protect jobs at a time of rising unemployment. The inflation-busting rise some unions had called for would have hit firms hard and put many lower-paid workers on the dole.”
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