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In our series of articles considering how election pledges, if realised, could impact employers, we look at how the main political parties view minimum and living wage rates.
Workers currently on the minimum wage, or thereabouts, must feel like something of a political football in the run-up to the election. They are the subject of promises from all political angles, with most of the key leaders making some sort of pledge around low pay and how they will tackle it.
Hours before presenting its final pre-election budget, the Government confirmed that the minimum wage would rise to £6.70 in October, following the recommendations by independent advisory body the Low Pay Commission.
The Prime Minister’s office was quick to boast that this was the largest "real terms" rise since 2008, but opposition parties and unions argued that this is still way off the mark.
Shadow business secretary Chuka Umunna blasted the coalition for failing to deliver on its promise to put the minimum wage up to £7 per hour by the end of this Parliament. Indeed, Labour claims that there has been a reduction in value of the minimum wage of 5% since the coalition came into power.
Whichever party achieves power in May’s el