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Money: Boris Johnson is rolling in it but his policies have starved the UK of the cash that is the lifeblood of the economy.

Did you think the boost to the minimum wage was a wonderful thing?

Really?

I saw a rich toff on holiday in the sun, throwing a few crumbs at the plebs, so they won’t complain when he comes home and really puts the screws on them.

And did you notice?

The rise still won’t cover the cost of living; people on the minimum wage will have to try to claim benefits as well.

“National Living Wage” – it’s as much of a mockery as it was when the Tories first changed the name.

Oh – and the British Chambers of Commerce are already playing up about it.

They reckon it will eat into training and investment budgets – which is interesting because in This Writer’s experience such budgets no longer exist.

What do these bosses have against paying a decent wage for a day’s work, anyway?

They have tripled their own remuneration over the last 10 years under the Tories, after all.

Still, when all is considered, Boris Johnson is to be congratulated.

He has managed to make an inflation-busting pay increase leave everybody short-changed.

Minimum wage workers will receive a 51p an hour boost from April, the Government announced last night.

The National Living Wage, which is the legal pay floor for employees aged 25 and over, will rise from £8.21 to £8.72.

The rate for 21 to 24 years olds will climb from £7.70 to £8.20.

In contrast, the Real Living Wage, set by independent experts and championed by the Living Wage Foundation, is £9.30 an hour rising to £10.75 in London, where costs are higher.

It is earned by all workers regardless of their age.

Source: Minimum wage will rise by 51p to £8.72 an hour in April, government announces – Mirror Online

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