Gordon Banks delighted at recent increase in minimum wage

13 March 2008

Gordon Banks MP has responded to the Government’s recent announcement that an above inflation increase in the National Minimum Wage from £5.52 to £5.73 per hour will take effect from October this year.
Mr Banks said
“I remember when the Minimum Wage idea was first floated. It was criticised from some quarters and many claimed it would ruin the economy.”
“Now, some 9 years on, the minimum wage has increased by 60% and three million more jobs have been created in the economy. So many people have benefited, many of whom live right here in Ochil & South Perthshire.