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 Taiwan employer, provided, however, that such wages shall not fall below the basic wage." In 1986, Article 23 of the Minimum Wage Law, set up on the continent 11 December 1936 and published on 23 December 1936, was abolished by legislature on November 21, as announced by the president on 3 December 1986. In 1988, after the adoption of the Regulations of Basic Wage, the Council of Labor Affairs formulated basic wage related policy and began to have adjustments every year. Because of the Asian financial crisis, a large number of industrial relocation, and other factors, it did not adjust it