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 city in the U.S. to reach a minimum wage of $15.00 per hour on July 1, 2018. New York City's minimum wage will be $15.00 per hour by the end of 2018. The minimum wage in Los Angeles and Washington, D.C., will be $15.00 per hour in 2020. Similarly, the minimum wage in Minneapolis, Minnesota will be $15.00 per hour by 2022. A growing number of other California cities have also enacted local minimum wage ordinances to increase the minimum wage to $15.00 per hour, including Berkeley, El Cerrito, Emeryville, Mountain View, Oakland, Richmond, and San Jose. Some minimum wage