Minimum wage, maximum pressure

Assessing short-term impacts and long-term plans for the UK’s wage floor

Monday 31 March 2025

The minimum wage has been a big success story since its introduction in 1998 – but 2025 might be its trickiest year yet. The combination of increases to employer National Insurance and a bigger-than-expected 6.7 per cent rise in the National Living Wage has left businesses warning of jobs cuts and hiring freezes. Such warnings haven’t come to pass in the past, but with the jobs market already in recession territory, might this year be different? It is amidst this uncertainty and challenging backdrop that the Government will need set out a longer-term plan for the minimum wage.

Earning back better

The future of low pay in Britain

Monday 7 June 2021

Britain’s low-paid workers have been at the epicentre of the Covid-19 crisis – as key workers unable to work from home during lockdown, or as those most likely to have lost their jobs as our low-paying social sectors – from hospitality to retail – have closed. As the economy reopens, low-paid workers should be at … Continued

Covid-19
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Low pay
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Living Wage

Raising pay vs protecting jobs?

Where next for the National Living Wage

Thursday 24 September 2020

Live interactive webinar. This pandemic has shone a spotlight on the vital work done by Britain’s low-paid workers who, from supermarket staff to care workers, were the most likely to continue working even while the rest of the economy was shut down or working from home. Many people would agree that a higher minimum wage … Continued

Pay
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Living Wage

The floor’s the limit

Examining the main parties’ plans for a higher minimum wage

Monday 18 November 2019

An expert panel will discuss RF’s new analysis of the two main parties’ plans for the minimum wage, including how they compare with each other, with other countries, and how they might affect firms and workers across the UK.

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