WELCOME ANNOUNCEMENT THAT NATIONAL MINIMUM WAGE WILL RISE 3%
The independent body which advises the Government on the National Minimum Wage is to recommend that it be increased by 3%. The above-inflation rise would take the adult rate from £6.50 to 6.70 an hour, the biggest rise since 2008. Business Secretary Vince Cable said the Low Pay Commission's recommendations had always been accepted by politicians. If approved, the increase would apply from October. The Low Pay Commission's recommendations to the Government for the 2015 rates are as follows: · Adult rate - £6.70 · 18-20 rate - £5.30 · 16-17 rate - £3.87 · Apprenticeship rate - £2.80
Local Lib Dems have been campaigning for an increase in the National Minimum Wage. We have emphasised that the Government must take into account the concerns of the local tourism sector and small businesses. Making it easier for people to get by has been a massive issue over the last few years. We are delighted that, if agreed, this boost would represent an annual pay rise of £416 for a full time worker on the minimum wage.
In a town like Southport where many of the jobs in retails, hospitality and care are low paid this is of real significance.