Annoymouse Posted October 25, 2021 Share Posted October 25, 2021 (edited) I’ve just seen the clip on the news, it said minimum wage will raise to £9.18 in the UK, It didn’t sound like it had been finalised either. Edited October 25, 2021 by Annoymouse Quote Link to comment Share on other sites More sharing options...
Zarley Posted October 26, 2021 Share Posted October 26, 2021 14 hours ago, Annoymouse said: Any minimum wage worker would be absolutely stupid to stay here given our increased cost of living, even more so with the gas price hike. Stupid, or is it simply a case of not having the funds to relocate? It's extremely difficult to save any money on a minimum wage. It's called the poverty trap for a reason. 5 Quote Link to comment Share on other sites More sharing options...
Annoymouse Posted October 26, 2021 Share Posted October 26, 2021 1 hour ago, Zarley said: Stupid, or is it simply a case of not having the funds to relocate? It's extremely difficult to save any money on a minimum wage. It's called the poverty trap for a reason. Depends on the reasons people feel trapped, every individual case is different but for those who have the option it would seem daft not too, a £1 an hour pay rise is huge, especially when lots of minimum wage workers absolutely hammer the overtime trying to earn a decent wage. When I was last on minimum wage I was doing between 50-60 hours a week, so potentially £200 a month extra, I’d be moving to somewhere with cheaper rent and actually living rather than existing. Quote Link to comment Share on other sites More sharing options...
pongo Posted October 26, 2021 Share Posted October 26, 2021 (edited) UK pay increases risk further fuelling inflation. Inflation will result in interest rates increases. A vicious circle. Those on the lowest pay deserve a better deal. The danger is that everyone else asks for more too. That would result in the lowest paid being no better off - and all of us rapidly being worse off. Obviously the best thing for the economy would be to re join the Single Market ASAP. Edited October 26, 2021 by pongo 3 Quote Link to comment Share on other sites More sharing options...
Cambon Posted October 26, 2021 Share Posted October 26, 2021 11 minutes ago, pongo said: UK pay increases risk further fuelling inflation. Inflation will result in interest rates increases. A vicious circle. Those on the lowest pay deserve a better deal. The danger is that everyone else asks for more too. That would result in the lowest paid being no better off - and all of us rapidly being worse off. Obviously the best thing for the economy would be to re join the Single Market ASAP. Uk minimum wage increase has been paid for by removing the £20 a week temporary uplift in benefits due to Covid. After taxes and ni the take home pay will be virtually unchanged. Quote Link to comment Share on other sites More sharing options...
gillf Posted October 26, 2021 Share Posted October 26, 2021 (edited) My daughter has just started uni in the Uk , she’s been looking for a part time job as she only has 3 days of lessons a week, some of the job adverts I saw advertised paid as low as £4.23 an hour, some of them said £9 an hour but more if you take no payment for the job until January Edited October 26, 2021 by gillf Quote Link to comment Share on other sites More sharing options...
pongo Posted October 26, 2021 Share Posted October 26, 2021 13 minutes ago, Roxanne said: It’s OK Pongo. Rest easy. They’ll jist put an order into the printers for another billion £50 notes. Absolutely fine provided that the same amount is removed via taxation. Quote Link to comment Share on other sites More sharing options...
pongo Posted October 26, 2021 Share Posted October 26, 2021 The point about low pay is that it's relative. If everyone else ends up expecting more too then the lowest paid typically end up worse off. A better solution would be for everyone except those on low pay to take a cut. But not a vote winner. Quote Link to comment Share on other sites More sharing options...
Max Power Posted October 26, 2021 Share Posted October 26, 2021 Eventually all benefits will cease and we will receive Universal Basic Income to cover our basic needs. Those who then find work will be better off than most. Quote Link to comment Share on other sites More sharing options...
2112 Posted October 26, 2021 Author Share Posted October 26, 2021 5 hours ago, gillf said: My daughter has just started uni in the Uk , she’s been looking for a part time job as she only has 3 days of lessons a week, some of the job adverts I saw advertised paid as low as £4.23 an hour, some of them said £9 an hour but more if you take no payment for the job until January The UK minimum wage is made up of different age groups, and I’m assuming that your daughter is 18 so could be in the youth minimum wage group. The rate here is higher up to the age of 23. Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted October 26, 2021 Share Posted October 26, 2021 3 hours ago, Roxanne said: As opposed to now where, for many, it makes no sense to work. Dignity is all very well, unless you want an affordable roof over your head. It’s a mess I watched an excellent documentary at the weekend - Hoxton Street - in London, where the gentrification has seen high rise flats costing 1.5 million alongside social housing where one council flat has been split into three one chap had a tiny room with a shower and toilet in the cupboard, costing the state £270 a week As he said, on minimum wage, there’s no chance that he could afford to work and pay his rent and service bills Even with his rent paid, without the three times weekly soup kitchens, he and thousands of others, would starve. The deal is every new development has to have a 20% (IIRC) of affordable housing. I worked on a project with 48 x 1 million pound 4-bed apartments that removated 12 x 1 or 2 bedroom flats the next street over. Thereby meeting the 20%. It sure wasn't by floor area. I didn't hurt that they leased to ground floor out to the local authority for a new library. This was in London 25 years ago. Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 27, 2021 Share Posted October 27, 2021 Here is what happens when people have more money in their pockets and businesses have to find that money to pay them. Prices go up, and the extra in your pocket loses value. https://bbc.in/3nrIXaS?fbclid=IwAR1gy7ILuqCJYFdXDnaVarqfcAB22FmBXbwClvxYLn10eW-bZGedXlJZAfg Quote Link to comment Share on other sites More sharing options...
the stinking enigma Posted October 27, 2021 Share Posted October 27, 2021 Luckily for the poor they have the likes of you looking out for them jeeves 1 2 Quote Link to comment Share on other sites More sharing options...
2112 Posted October 27, 2021 Author Share Posted October 27, 2021 The Nations Propaganda Mouthpiece reported about the UK Chancellor budget today and the rise in the National Living Wage to £9.50 per hour from April 22. It’s headline referring you get a better wage across than here. I think that unless Alfie and Ashy get their brains into gear, a greater exodus of the population to the UK will happen. This islands minimum wage is £8.25 per hour. That’s £1.25 difference and will probably have to be bettered to at least £10 per hour. However what could happen is if businesses do not decide to close down, it’s highly likely they will cut the hours of their employees accordingly. Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 27, 2021 Share Posted October 27, 2021 1 hour ago, the stinking enigma said: Luckily for the poor they have the likes of you looking out for them jeeves I would be absolutely amazed if I haven’t spent a period of my life with less than you ever have, absolutely astounded. You crack on and assume what you want though 🙄 1 Quote Link to comment Share on other sites More sharing options...
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