Conservative Party (UK) others. Until 1999, Conservatives opposed the creation of a national minimum wage, as they believed it would cost jobs, and businesses would be reluctant to start business in the UK from fear of high labour costs. However the party have since pledged support and in the July 2015 budget, Chancellor George Osborne announced a national living wage of £9/hour, to be introduced by 2020, for those aged 25 and over. The National Minimum Wage in 2012 was £6.19 for over-21 year olds, so the proposed rises in National Living Wage by 2020 will represent a significantly higher pay for many.
Minimum wage in the United States higher wage applies only to businesses that contract with the local government, while in other cases the higher minimum applies to all work. The average US minimum wage per capita (2017) is $8.49 based on the population size of each state and generally represents the average minimum wage experienced by a person working in one of the fifty US states. Cities, counties, districts, and territories are not included in the calculation. As of October 2016, there have been 29 states with a minimum wage higher than the federal minimum. From 2014 to 2015, nine states increased their minimum wage levels