Tag Archives: minimum wage

Vince Cable, One Direction, and a minimum wage rise for apprentices

There was a significant amount of chortling in LDV Towers over the Telegraph’s report of Vince Cable’s comments about One Direction’s earnings. One member of our team even suggested photoshopping his head onto this photo of the boy band wearing onesies.  Mercifully, copyright and lack of photoshopping skills on my part spares you that sight.

Vince thought he was being asked about, I presume, a director’s £5 million salary, which he described as “mad”, “downright immoral” and “grossly offensive”.  It would be hardly surprising that he would take that view given his actions to curb executive pay. He added, …

Posted in News | Also tagged , , , and | 8 Comments

Vince increases the minimum wage. It’s the right decision, but we do need to get local about it.

This was the Mirror (and many other news outlets) two weeks ago:

Minimum wage cut fears: Fury as Government considers ‘kicking’ low-paid workers

The reality? The Government has accepted the independent Low Pay Commission’s recommendations to increase both the adult and youth National Minimum Wage rates. The BBC reports:

Minimum wage to increase to £6.31

To be clear, the 1.9% increase is below the expected rate of inflation — so this is a real-terms cut. The increase is, however, higher than either public sector workers or those on benefits will receive. The only recommendation of the Low Pay Commission that was rejected …

Posted in News | Also tagged , , , and | 33 Comments

What’s happened to real wages over the last 25 years?

This little presentation from the Office of National Statistics has the answer. It’s packed full of interesting information, presented in a very clear manner:

Posted in News | Also tagged and | 17 Comments

Opinion: Taking minimum wage work out of tax would deliver the Living Wage

With greater ambition, the Liberal Democrats’ policy of increasing the personal allowance would equalise the Living Wage and the minimum wage, without risking jobs.

It was announced yesterday that the national ‘Living Wage’ for 2013/14 will be £7.45. This compares to the National Minimum Wage of £6.19. Boris Johnson has urged more companies to adopt the Living Wage, and Labour are even considering giving tax incentives for firms to pay the Living Wage.

Few would argue with the benefits of higher pay for employees, or with other Living Wage benefits such as lower staff turnover. But evidently most employers …

Posted in Op-eds | Also tagged | 15 Comments

Opinion: “Capitalism is a great success story.” Really, Nick?

On Monday, Nick Clegg gave a speech on responsible capitalism. This was his first real foray into the debate since it has erupted as a major talking point, even though we as a party have been arguing the need to reform capitalism before it was cool.

Before criticising capitalism, he praised it by saying this:

Capitalism may be today’s political punchbag, but let’s take a long view: it’s one of history’s great success stories. No other human innovation has driven progress  and raised living standards so consistently. Markets catalyse ideas, invention and experimentation. When they work well, they are meritocratic and

Posted in Op-eds | Also tagged , , , , , , , , and | 35 Comments

Opinion: low-paying companies should contribute to the welfare pot

In these straitened times it is very tempting to look at trying to reduce the benefits bill. A lot of attention is focussed on benefits paid to people who – for whatever reason – are out of work. However, I think we should also look at the benefits paid to people in work and whether it is right that they should be claiming benefits at all.

Fear not, this is not a proposal likely to be supported by the Daily Telegraph. It is more about attacking the principle of low pay. The coalition government – thanks to …

Posted in Op-eds | Also tagged , and | 17 Comments

Opinion: will the Minimum Wage have to be reduced or dispensed with?

Although it must be hoped the Coalition is successful in reducing the nation’s deficit through savings and is able to increase economic activity to provide increased tax income, the unexpectedly high borrowing last month does not stimulate confidence.

There is no doubt the Coalition is creating an environment more conducive to business activity and small businesses, which require little finance, will find niches in the market to be able to flourish. However, with the banks still reluctant to lend and the giant corporations having grabbed so many of the business opportunities – it will be only the most inventive and …

Posted in Op-eds | 64 Comments



Recent Comments

  • User AvatarGiles Goodall 24th May - 11:06am
    Sorry, I meant all the Peters + Paul!
  • User AvatarGiles Goodall 24th May - 10:45am
    I agree with all the Pauls about sources of facts and the need to get these through to voters whenever possible. But GF is also...
  • User AvatarGiles Goodall 24th May - 10:33am
    @Eddie: As you say yourself, I think Sharon was referring to aggressive practices and schemes, not casting aspersions over the profession as a whole. You'll...
  • User Avatarstephen johnson 24th May - 10:24am
    PR is not a short term goal. We should not hope for a snap referendum on the back of current UKIP success. In elections to...
  • User AvatarEddie Sammon 24th May - 10:02am
    Alistair, so what is your solution? Create a law that prevents the media from reporting terrorism cases in full? Do you not think it is...
Sun 26th May 2013
Tue 28th May 2013
Wed 29th May 2013
Thu 30th May 2013
Fri 31st May 2013
Sat 1st Jun 2013
10:00
Mon 3rd Jun 2013
Thu 6th Jun 2013
Fri 7th Jun 2013
Sat 8th Jun 2013
Sun 9th Jun 2013
Thu 13th Jun 2013
Sat 15th Jun 2013
Tue 18th Jun 2013
Thu 20th Jun 2013