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 Germany adjusted every two years by the German government which is consulted by a minimum wage commission. Thus, the minimum wage was at 8.84€ per hour in December 2018 and is expected to rise up to 9.19 in 2019 and to 9.35€ per hour in 2020. In order to adjust the amount of the minimum wage, the German government implemented a permanent commission, which is composed of nine commissioners. The panel includes a president, three workers’ representatives, three employers’ representatives and two economist advisors that do not have voting rights within the commission. It assesses Germany’s overall economic performance to evaluate