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Government sets out evidence for 2015 National Minimum Wage rate

The Government has submitted evidence to the Low Pay Commission (LPC), which will be used to help decide the level of the National Minimum Wage (NMW) from October 2015. The evidence outlines the strength of the economic recovery and restates the Government’s commitment to seeing the NMW rise as fast as possible without having an adverse impact on the significant jobs growth we have seen this year. The evidence submitted shows that: (i) the UK economy is improving, growing faster than any other Western economy; (ii) record numbers of people are in work with millions more private sector jobs created since early 2010; and (iii) although average earnings have fallen in real terms, since 2012 this fall has reduced because inflation has been below target. 

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