National Minimum Wage to hit £5.73
So the National Minimum Wage is to rise again. Is it that time of year already?
Yes, the Government has announced that as of October the hourly National Minimum Wage for those above 22 years of age will rise from £5.52 to £5.73 per hour.
Although an increase is an increase, most employer bodies seem happy enough that this isn’t an above inflation rate hike this time.
But with slower consumer spending and the pub closure rate climbing, what do you think?
Part of doing business and good for the industry’s image or an unwelcome addition to a growing set of business burdens as things get progressively tougher in 2008?
For more see our National Minimum Wage news round-up>>
