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National minimum wage to rise 3.8 percent

Prime Minister Gordon Brown said the national minimum wage would go up on Oct 1 this year by 3.8 percent to a rate of 5.73 an hour.

Posted: Thursday, March 6, 2008, 8:03 (GMT)
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Prime Minister Gordon Brown said the national minimum wage would go up on Oct 1 this year by 3.8 percent to a rate of 5.73 an hour.

The increase is above the current rate of CPI inflation, but below the rate of RPI inflation - currently 4.1 percent - on which most wage deals were based.

Brown told parliament that the statutory rate has risen by 60 percent since it was introduced by a Labour government in 1999.



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