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Date: 07/08/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

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10-Mar-08 17:10 [Pay and Reward]
Brown announces minimum wage increase
Gordon Brown has announced that the national minimum wage will increase from October this year.

The prime minister has revealed that for adults over the age of 21 will receive £5.73, an increase of 21p an hour.

John Hutton, the business secretary, said: "The national minimum wage remains one of the most important rights introduced by the government in the last decade."

He added that before it was introduced, some workers could expect to be paid "as little as 35p an hour" and Labour legislation has "ensured that can no longer happen".

For 18 to 21-year-olds, the national minimum wage will rise 17p to £4.77 while 16-17 year olds will get a rise of 13p to £3.53.

Mr Hutton concluded that he is "proud" of the minimum wage and said it "makes a real difference".

The minimum wage has now increased by 60 per cent since it was introduced in 1999




07-Aug-08 [Pay and Reward]
Scottish referees call off strike
The Scottish Premier League (SPL) will not be delayed this weekend after the division's referees were given a £225 pay rise per game, it has emerged. Find out more>
07-Aug-08 [Pay and Reward]
Underground staff in 24-hour strike
Workers on the Metropolitan Line of the London Underground have begun a 24-hour strike today in a dispute over staff transfers, it has been reported. Find out more>
Business secretary John Hutton has decided to mark the tenth anniversary of the National Minimum Wage (NMW) by ensuring that tips given to restaurant workers can no longer count towards the payments of the base rate. Find out more>

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