Young & Skint: ‘Generation Rent’ Suffers Wages Drop
Since the 2010 General Election earnings for those under 30 have fallen by roughly 10%, according to the House of Commons library, leading to the rise of ‘Generation Rent’. So what about earnings for the rest of the population? In the period since the Coalition Government came to power earnings for 18-21 year olds have […]
On the Up: Minimum Wage to Rise in October
October will see the minimum wage rising by 19p to £6.50 for workers aged 21 or older, the highest proportionate rise since 2008. Following a recommendation from the Low Pay Commission the 3% increase will make the minimum wage higher than the rate of inflation for the first time in six years. For workers aged […]