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MSE News: Minimum wage to rise by less than 2%

Former_MSE_Guy
Posts: 1,650 Forumite



This is the discussion thread for the following MSE News Story:
"The 1.8% rise is way below the most recent RPI inflation figures which recorded a 3.9% rise in January ..."
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"The 1.8% rise is way below the most recent RPI inflation figures which recorded a 3.9% rise in January ..."
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The Government are short changing those who would have MWA Jobs when inflation is higher. A wilful cruel decision that has Cost of Living implications for poor sods forced on if lucky onto MWA short term work.#TY[/B] Would be Qaulity MSE Challenge Queen.
Reading whatever books I want to the rescue!:money::beer[/B
WannabeBarrister, WannabeWife, Wannabe Campaign Girl Wannabe MSE Girl #wannnabeALLmyFamilygirl
#notbackyetIamfightingfortherighttobeMSEandFREE0 -
11p....and the taxpayer has to continue to subsidize that rate by paying working tax credits to working people. Why can't we ask employers to pay just enough so no one would be entitled to any working tax credits and scrap them so the self employed and the intentionally under employed can't take advantage of a flawed system? As the report says £8 an hour would be enough for many single working adults and working couples not to be entitled to any benefits.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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It's bigger than my pay-rise.0
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The Min wage might only be going up by less than 2% (which is more than most people will see as a pay-rise this year), but so is the personal allowance so they will be able to keep more of their money from the tax-man.0
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As Kite says, full time workers on min wage will get a lot of benefit from raising the personal allowance.
Many of those who don't work full time will get an inflation proofed uplift from tax`payers subsidising their tax credit benefits.
So overall, most of those working for low wages will be doing comparatively well during these challenging times - as is only right.0 -
As Kite says, full time workers on min wage will get a lot of benefit from raising the personal allowance.Many of those who don't work full time will get an inflation proofed uplift from tax`payers subsidising their tax credit benefits.So overall, most of those working for low wages will be doing comparatively well during these challenging times - as is only right."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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No more than most people.
Many are losing their tax credits, owing to the required working hours being raised from 16 to 24.
Pious claptrap.
1, Proportionately (percentage-wise) they will gain most, which is natural in a progressive tax system
2. They are benefits for those in work. PROVIDING that work is available I don't think 24 hours a week, possibly between 2 people, is asking too much. The policy is a deliberate change to encourage those who are artificially declining work to do a bit more.
3. That's your opinion. I don't know which bit you don't like - (a) the FACT that low paid are doing Relatively well or (b) that they deserve a bigger percentage of the cake0 -
I wonder what pay rise John Longworth, director-general of the British Chambers of Commerce, is getting this year.0
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JimmyTheWig wrote: »I wonder what pay rise John Longworth, director-general of the British Chambers of Commerce, is getting this year.
Why? What do you think he should get?0 -
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