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The loophole which is the Minimum Wage

The creation of the minimum wage – which was another Blairist policy that was implemented in April 1999 – heralded the arrival of what we were told by the government would be the end of the days of old, where unscrupulous employers would be able to get away with paying their staff whatever they liked.

Once again, a policy based more on the successful impact of the messaging and the soundbite in the media, to the employee, the implementation of a minimum wage always has and probably will always sound good.

But there was also a flipside. The Labour policy was once again no more than an act of tinkering around the edges that ended up creating many more problems than the one that it never really fixed.

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