Tag Archives: living wage

Willie Rennie issues Living Wage challenge

Willie Rennie has challenged the other parties to commit to ending government bonuses for companies which fail to pay their employees the Scottish living wage.

He was speaking as the so-called living wage proposed by George Osborne came into force. The Tory living wage of £7.20 is £1.05 an hour less than the Scottish living wage of £8.25 an hour, which is calculated independently by the Living Wage Foundation. It’s also worth noting that the Scottish Liberal Democrats are the only party in Scotland to be accredited as Living Wage employers.

Last month, Willie called for the SNP to stop the payment of state aid to firms who fail to pay at least the national living wage.

Yesterday he broadened that challenge to all the other parties:

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Huppert on Astra Zeneca takeover’s threat to jobs, the European elections and the living wage

Medical Drugs for Pharmacy Health Shop of MedicineJulian Huppert has been talking to Cambridge student magazine Varsity.

Not surprisingly, the subject of Pfizer’s proposed takeover of Astra Zeneca came up. Why should students be bothered?

It will have a direct impact on the prospects for people in particular disciplines, and will be a longer term issue about the future of Britain”, he replies. “This matters for students who work in STEM subjects, natscis, chem-eng, all of those subjects, because this could be their employment – even if you don’t work directly

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Opinion: Do I want a £100 tax cut? Not now, Nick

This morning Nick Clegg has embarked on a major new campaign to press the Coalition Government to increase the income tax threshold by a further £500, taking the first £10,500 of income out of tax. With half an eye to next month’s Autumn Statement, he wants to go beyond the Coalition Agreement.

However, there are problems with this.

The first is the obvious one: it has to be paid for. How will that happen?  Well, with the Conservatives having rejected any further tax on the wealthy and other changes to taxation, it would have to come from additional spending cuts. It is …

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Opinion: Labour’s Living Wage really means the State taxes the poor more

This is – according to the Labour Party – the start of “Living Wage week”, a soundbite policy of the kind we’re now used to hearing from Labour.

Superficially, the idea of the Living Wage is simple and tempting. Figure out how much it costs to live, and force employers to pay that much.

Labour’s chosen method of doing this is to offer employers tax breaks – for a year  – if they comply with the Living Wage rather than the national minimum wage. However, as pointed out by the Adam Smith Institute, what we are actually dealing with is

Posted in Op-eds | Also tagged | 33 Comments

The Independent View: The Living Wage can be fair but affordable in tough economic times

On Saturday, Adam Corlett outlined his concern that how the Living Wage is calculated could cause problematic increases over the next few years. He raises some valid issues. However, the Living Wage has been designed so that it cannot rise uncontrollably, and in reality it is likely to rise much less, relative to general pay, than Adam is suggesting.

The Living Wage’s growing popularity shows so many employers have been willing to take on the commitment to pay enough for a decent living standard, even though times are tough. With average living standards going down, this reflects a widespread moral view …

Posted in Op-eds and The Independent View | Also tagged | 3 Comments

The Independent View: I know what next month’s living wage will be and it doesn’t relate to the cost of living

On 4 November we will learn the level of the new Living Wage, which many employers have volunteered to pay as a minimum. At present it is £7.45 an hour outside London. I’m betting that next month it will rise to £7.65.* How do I know? Well, the current calculation is remarkably simple, and it has nothing to do with the cost of living. What’s more, future increases risk making proposed living wage policies unaffordable or even damaging.

Academics at Loughborough University do calculate the wage needed to fund, after tax and benefits, what members of the public consider a basic …

Posted in Op-eds and The Independent View | Also tagged | 4 Comments

Brian Paddick writes… A seat in the House of Lords

When Nick called me to ask if I would be a Peer, he said, amongst other things, that it was time I had my own political platform. So that got me thinking about what my political platform might look like. Here are some initial thoughts.

I know we are in Coalition with them but I can find few redeeming features in Tory economics. Of course work should pay more than benefits but have benefits really have reduced to the level where families have to resort to food banks? Are those with disabilities having to give up independent living and are families …

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