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| Stampede imminent? Lukasz Stefanski |
George Osborne’s living wage announcement in July of last year substantially increased the national minimum wage from £6.70/hour for over-25s then to £7.20/hour since April, with a target of £9.00/hour by 2020.The living wage is an excellent policy, but how will you stop it being a big pull factor for uncontrolled EU migration, given that it is far higher than minimum wages in other EU countries?
Boris Johnson speech from May 9
Minimum wages are now in operation in 26 out of the 34 OECD countries, and 22 out of 28 EU member states. Germany only joined the list in January 2015 with a minimum wage of €8.50 (£6.69), while some of the EU members without one – that’s Austria, Cyprus, Italy, Sweden, Finland and Denmark – have sector level collective agreements and wage floors.









