Rapid increases in the UK’s minimum wage helped to narrow inequality, but have done nothing to lift the country’s persistently poor productivity, according to an independent review of the policy. Under a policy set by the Conservative chancellor George Osborne, the UK’s minimum wage rose at twice the rate of median hourly pay between 2015 […]
Rise in UK minimum wage helped narrow inequality but failed to lift productivity
Source: Rise in UK minimum wage helped narrow inequality but failed to lift productivity
Category: Finance, failed, helped, inequality, lift, minimum, narrow, productivity, rise, wage
