Dennis the 'Bloody Peasant'
15th April 2013, 15:07
Vinnie C has done us a solid, cheers man!!
For fuck sake, we're supposed to be really grateful for this? I suppose having any kind of min wage is a good thing, but it's still restricted and playing to the capitalists because it's agreed by the powers that be, not by us.
The national minimum wage is to rise by 12p an hour to £6.31 for adults and by 5p to £5.03 for 18-to-20-year-olds from October, the government has announced.
Business secretary Vince Cable said the government accepted the recommendation of the Low Pay Commission.
However, although the Commission said rate for apprentices should be frozen, Mr Cable said it would rise by 3p to £2.68 an hour.
The increases are below current inflation levels.
Retail Prices Index (RPI) inflation currently stands at 3.2% and the Consumer Prices Index (CPI) at 2.8%.
Business Secretary Vince Cable said: "The independent Low Pay Commission plays a crucial role in advising the government when setting the national minimum wage every year. It balances wages of low paid workers against employment prospects if the rate was set too high.
"We are accepting its recommendations for the adult and youth rate increases, which I am confident strikes this balance. However, there is worrying evidence that a significant number of employers are not paying apprentices the relevant minimum wage rate.
"Apprenticeships are at the heart of our goal to support a stronger economy, and so it is important to continue to make them attractive to young people. Therefore, I am not taking forward the LPC's recommendation to freeze the apprenticeship rate due to non-compliance, but instead am raising it in line with the youth rates.
"We are working on a series of tough new measures to ensure we tackle non-compliance issues across the board."
More here - http://www.bbc.co.uk/news/business-22153007
For fuck sake, we're supposed to be really grateful for this? I suppose having any kind of min wage is a good thing, but it's still restricted and playing to the capitalists because it's agreed by the powers that be, not by us.
The national minimum wage is to rise by 12p an hour to £6.31 for adults and by 5p to £5.03 for 18-to-20-year-olds from October, the government has announced.
Business secretary Vince Cable said the government accepted the recommendation of the Low Pay Commission.
However, although the Commission said rate for apprentices should be frozen, Mr Cable said it would rise by 3p to £2.68 an hour.
The increases are below current inflation levels.
Retail Prices Index (RPI) inflation currently stands at 3.2% and the Consumer Prices Index (CPI) at 2.8%.
Business Secretary Vince Cable said: "The independent Low Pay Commission plays a crucial role in advising the government when setting the national minimum wage every year. It balances wages of low paid workers against employment prospects if the rate was set too high.
"We are accepting its recommendations for the adult and youth rate increases, which I am confident strikes this balance. However, there is worrying evidence that a significant number of employers are not paying apprentices the relevant minimum wage rate.
"Apprenticeships are at the heart of our goal to support a stronger economy, and so it is important to continue to make them attractive to young people. Therefore, I am not taking forward the LPC's recommendation to freeze the apprenticeship rate due to non-compliance, but instead am raising it in line with the youth rates.
"We are working on a series of tough new measures to ensure we tackle non-compliance issues across the board."
More here - http://www.bbc.co.uk/news/business-22153007