David Cameron has backed an above-inflation increase in minimum wage following recommendations from government advisers last month.
The prime minister said yesterday [Tuesday] he would support calls to increase the minimum wage by 3% to £6.50 per hour up from its current rate of £6.31.
The rise, which was previously suggested by The Low Pay Commission, will take effect from October once formally accepted by the government.
This will be the first time minimum wage has risen above the rate of inflation for more than five years.
Speaking on a trip to Coventry, Cameron said: “”I look forward to accepting this recommendation. It means that as we recover from the great recession, hard-working people on the minimum wage - who have suffered during the tough times - can know they will share in the recovery.”