The government has approved a rise in the National Minimum Wage to £6.50 per hour later this year.
The rise will take effect in October, as Business Secretary Vince Cable accepted in full the independent Low Pay Commission’s recommendations for 2014, including plans for bigger increases in future than in recent years. The Low Pay Commission (LPC) has said the rise, the first real terms cash increase since 2008, is manageable for employers…
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