Labour leader Ed Miliband will pledge to raise the minimum wage to bring it in line with global standards if he is elected next year.
The shadow leader is not expected to outline exact details of the proposed increase until closer to the election, but it is thought it will be significantly higher than the above-inflation increase to £6.50 that will come in later this year, which is around half the country’s average pay.
Miliband is basing his stance on a Labour-commissioned report into low pay produced by former KPMG deputy chairman Alan Buckle, which will show that Britain is one of the lowest paid countries among “the world’s advanced economies”.
In a speech today he will outline his plans to “write the next chapter in the history of Labour’s battle to make work pay”.
“The next Labour government will restore the link between hard work and building a decent life for your family,” he will say.
“The next Labour government will take new radical action against low pay: a new five-year ambition to restore the link between doing a hard day’s work and building a decent life for your family.
“A Labour government will establish a clear link between the level of the minimum wage and the scale of wages paid to other workers in our economy. We will say workers on the minimum wage must never be left behind because those who work hard to create our nation’s wealth should share in it… Just as when the last Labour government created the National Minimum Wage, the next Labour government will do this in partnership with business once again, allowing employers the certainty they need to plan ahead.”