Minimum Wage

Often confused with the living wage, in government Vince Cable delivered the largest increase in the minimum wage since 2007, benefiting over 1.4million lower-paid workers. Someone working full-time on the NMW has seen their salary increase by over £416.

According to the current trajectory the minimum wage is due to rise to £8.23 by October 2019.

Under Liberal Democrat plans people on the minimum wage working 35hrs a week will be £263 better off under Liberal Democrats as a consequence of our plans to increase the personal allowance to £12,500.