Bargaining news
Minimum wage pledge
TUC general secretary Frances O’Grady welcomed Ed Miliband’s pledge at the Labour Party’s annual conference to raise the National Minimum Wage to £8.00 an hour over the course of the next five-year parliament.
“The predictable scaremongering from business about the impact of a rising minimum wage on jobs should be ignored,” she said.
“They said the same in the 1990s before the minimum wage was introduced. They were wrong then and they are wrong again now. After years of falling real pay we need a range of policies to ensure fairer pay from board level to the shop floor.”
http://press.labour.org.uk/post/97999100394/labours-plan-for-britains-future-an-8-national