Britain raises minimum wage
But critics denounce move as largely symbolic in an era of state austerity
London
BRITAIN'S Conservative government raised the minimum wage by 7.5 per cent on Friday in a move denounced by critics as largely symbolic in an era of state austerity.
Around 1.8 million employees will benefit from the National Living Wage (NLW).
Workers aged 25 and over will now earn a minimum hourly gross wage of £7.20 (S$13.80) compared with £6.70 previously.
"The National Living Wage will play a central role in moving Britain to a higher wage, lower tax, lower welfare economy," said British Fin…
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