Petrol, council tax and utilities are unavoidable.
Chocolate, soft drinks, crisps, after shave, takeaways, etc. are not.
If paying an extra 0.9p on a can of Coke or 75p on a pair of jeans is going to kill you then don't buy them. No one's forcing you to.
Wouldn't want to start letting facts get in the way of this pissing contest about who has the most 'life experience', but the minimum wage rose by 61% in real terms between 1999 and 2009, or 33% above the consumer prices index and 25% above the retail prices index. So prices haven't been going up at a faster rate than the national minimum wage by any means.
Anyway, this is for Martin: http://www.eef.org.uk/policy-media/rele ... ormula.htm
And for Gavin: http://www.lowpay.gov.uk/lowpay/lowpay2 ... ter2.shtmlManufacturers reiterate call for National Minimum Wage formula
EEF, the manufacturers’ organisation, has re-iterated the need for a formula to determine future rises in the National Minimum Wage (NMW) to provide companies with some form of certainty about its potential impact. Whilst the majority of EEF members pay well above the NMW, they are concerned about the impact that future increases in the NMW will have on the costs of many of the outsourced services that they use.
2.16 ... On that calculation, we define a minimum wage job as one that is held by an adult aged 22 and over paying less than £5.63; by a young person aged 18−21 paying less than £4.69; and by a 16–17 year old paying less than £3.47. In April 2008, there were about 1.13 million minimum wage jobs defined in this way,
Plus: http://www.britishchambers.org.uk/zones ... -year.html2.22 More than half, about 55 per cent, of minimum wage jobs are in large firms (those with 250 or more employees) although large firms employ two-thirds of all workers. Micro firms (those with 1 to 9 employees) employ fewer than 8 per cent of the total workforce but provide more than 15 per cent of all minimum wage jobs. Fewer than a fifth of all jobs are in small firms (those with fewer than 50 employees), but nearly a third (32 per cent) of all minimum wage jobs are in small firms.
So make of that what you will, but I'm really not bothered anymore.The British Chambers of Commerce (BCC) is urging the Low Pay Commission to recommend maintaining the National Minimum Wage (NMW) at its current level next year and until economic conditions have significantly improved.
The BCC has calculated that another increase in NMW, at the same amount as in 2008, would cost businesses £300 million.
The BCC argues that hard-pressed businesses will be unable to afford a wage increase anywhere near that sum, and as a result, a zero per cent rise in the NMW should be adopted next year.
The business group is stressing that any increase above zero per cent risks adding to unemployment, which the BCC has already forecast to reach 3 million by 2010.