Study predicts that raising statutory pay floor will lead to sharp increase in proportion of people whose wages are set by the state
The number of employees earning the minimum wage will double to more than 10% of the UK workforce by the end of this parliament, according to new research.
A study published on Thursday by the Resolution Foundation, timed to coincide withthe 20p an hour increase in the minimum wage, found that the decision by George Osborne to lift the statutory pay floor through a national living wage would result in a sharp increase in the numbers of people having their wages set by the state.
Related: Tory welfare cuts will destroy benefit of new living wage, research shows
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