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24th August 2022
04:33pm BST

Food, fuel and energy prices are skyrocketing[/caption]
This week, experts warned that inflation could surge to 18.6 per cent by January, the highest in almost half a century.
Meanwhile, wages fell at the fastest rate since records began, dropping three per cent after inflation between April and June, ONS data also showed. Regular pay, excluding bonuses, increased by 4.7 per cent over the quarter but still failed to keep up with inflation.
Now, the Trade Union Congress (TUC) is urging ministers to bump up minimum wage as soon as possible to help Brits make ends meet amid the crisis.
https://twitter.com/The_TUC/status/1562190682424758273
Minimum wage for those aged 23 and over is currently £9.50, and £9.18 for 21 and 22-year-olds.
The government believes raising the minimum wage could push unemployment up, noting how the minimum wage increase in April was the largest ever.
However the TUC argues that, at a time when companies are paying increased dividends to shareholders, ministers should ensure Brits get their "fair share" by increasing the minimum wage now, rather than waiting for the next expected rise in April.
Frances O’Grady from the Trades Union Congress (TUC) at a 'Shut Down The Tories' demo in Manchester, 2019 (Image: Getty)[/caption]
Grady argues that a higher minimum wage would make workers less likely to claim in-work benefits, and more likely to be paying taxes, as well as buying goods and services on the high street.
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