2023-10-02 03:27:55
This is an increase that will barely exceed 5%. In the United Kingdom, the minimum wage will be raised from April 2024 to reach at least 11 pounds sterling per hour (12.67 euros), British Finance Minister Jeremy Hunt is to announce this Monday at the Conservative Party congress. .
“Work must pay and we ensure that this is the case,” the minister must argue, according to extracts from his speech communicated on Sunday by the party ahead of his speech. “This is the Conservative Party’s way of improving the lives of working people,” he added.
The Conservatives want to stop the decline in the polls
Lagging behind in the polls while the next legislative elections are expected by January 2025, the Conservatives are increasing their announcements during the party’s annual congress which began on Sunday in Manchester.
“We promised (…) to increase the minimum wage (national living wage) to two thirds of the median wage to put an end to low wages in the country,” Jeremy Hunt must recall. Currently the minimum hourly wage is set at 10.42 pounds sterling (twelve euros), and according to the government, two million people will be affected by this increase.
Jeremy Hunt must also announce a reform of the social assistance system in particular to encourage unemployed people to return to the job market. “At a time when businesses are having difficulty finding labor, around 100,000 people leave the job market each year, living on social assistance,” he must explain, announcing a review of the sanctions regime. “Those who are not even looking for a job do not deserve the same social assistance as those who are really trying to do the right thing,” he must insist.
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