BCC: Minimum wage should be frozen in the UK

29-12-2008

BCC: Minimum wage should be frozen in the UK
It has been claimed that the minimum wage in the UK should not be increased again until the country has pulled itself out of the recession.

The British Chambers of Commerce (BCC) believes that a rise similar to that earlier in 2008 could cost companies up to £300 million.

However, it has also been argued that an increase is needed as many people are finding it difficult to cope financially at the moment.

David Frost, director general of the BCC, said: "We're not opposed to the minimum wage going up when employment is high and the economy is doing well, but when jobs are being lost daily and a recession is in full swing, it makes no sense to increase it."

The minimum wage in the UK is currently £5.73 for those aged over 22 or over.

In related news, Personnel Today recently reported that most Preston council staff are to be paid nearly £2 more than the national minimum wage.

Related categories: HR / Recruitment.


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