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 a suitable minimum wage amount. The first minimum wage adjustment was made in June 2016, and was followed two years later by another adjustment, in June 2018, that rose the minimum wage to 9.19€. The minimum wage was one of the most controversial topics during the 2013 legislative election campaign. While the social democratic party - SPD, the green party - die Grünen and the left-wing party - die Linke, were in favor of a general minimum wage, the liberal party – FDP, and the conservative party – CDU, remained skeptical Leading economic research institutions, such as the CESifo Group