|
Consensus On Minimum Wage Threatened - Cable
12.00.00am GMT Tue 18th Mar 2003
Responding to reports that the Government is to announce a 15.5% increase in the Minimum Wage over two years (an increase of 7.1% or 30p per hour this October, and a further increase of 7.5% or 35p per hour next year), Vince Cable MP, Liberal Democrat Shadow DTI Secretary, said:
"The consensus behind support for both the principle of the National Minimum Wage, and the considered way in which it has been handled so far under the Low Pay Commission, is now threatened."
"Making a commitment to a 2-year deal, at levels significantly above inflation and at nearly double the current level of average earnings growth, sets a dangerous precedent at a time of almost unparalleled uncertainty."
[Print this story]
[Previous story]: Corus Workforce Facing Uncertain Future (Mon 17th Mar 2003).
[Next story]: "Slam the spam" - Richard Allan MP (Wed 19th Mar 2003).
[Other news stories from March 2003 (25)]
Related News Stories:
Mon 15th Mar 2004:
[Minimum Wage Must Be Enforced]
Thu 10th Jul 2003:
[Euro-MP calls for Government to scrap Minimum Wage age exemptions]
Related Speeches:
Tue 11th Feb 2003:
[National Minimum Wage (Enforcement Notices) Bill 2002/03]
Printed and hosted by Prater Raines Partners, 82b Sandgate High Street, Folkestone CT20 3BX.
Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB.
The views expressed are those of the party, not of the service provider.
|