British Treasury wants higher minimum wage rise

Note: This section contains information in English only.
Source: Bloomberg
The Treasury of the United Kingdom would like to see a minimum wage increase, which would be higher than inflation level in the country, as the current opposite situation decreases the standard of living in the country. Since 2007 wages, on average, added 14% comparing with a 22% advance in prices. By such actions, the U.K. Conservative government plans to return support before the 2015 election.

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