The UK’s Chancellor of the Exchequer Rachel Reeves plans to slow down increases to the youth minimum wage, the Financial Times reports, citing people familiar with the matter.
- Reeves plans to water down Labour’s commitment to a single minimum wage for all workers above 18 years of age by telling pay advisers it does not have to happen until the 2030s
- NOTE:
Youth Jobs Crisis Grows in UK as Government Policies Backfire
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