Becki (She/They)The #AutumnStatement from #JeremyHunt
๐งต๐งต๐งต (my initial thoughts)
Can it be clarified: is the "#NationalLivingWage the same as the #NationalMinimumWage? Because if not, then a "raise" is pointless...?
Nathan deGargoyle ๐ฎ๐ฒ๐ด๓ ง๓ ข๓ ณ@buddingtherapy Tories renamed the National Minimum Wage as the National Living Wage. Just more spin. And it's rising by less than his stated rate of inflation so it's a real terms wage cut.
@NathandeGargoyle Thank you! I was so unclear!
So technically it is a raise which will help somewhat... but definitely not enough. I need to look into it more - I always hated that those under 21 are punished for their age.
So technically it is a raise which will help somewhat... but definitely not enough. I need to look into it more - I always hated that those under 21 are punished for their age.
@buddingtherapy No, in real terms it's a cut, even if you accept his rate of inflation of 10.1%. RPI, which is more meaningful for poorer people is running at 14+%.
@NathandeGargoyle Thank you - money/economy is a personal weakness of mine! Helpful to have people explain these things.
@buddingtherapy I'm no economics expert but I follow a few.
@NathandeGargoyle Better than me! haha