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 for nearly a decade from 1997 to 2007. The monthly wage was NT$15,840 then. In 2007, the basic wage included holiday working hours. The hourly wage had a substantial portion of adjusted, but the monthly wage had about 9% of the adjustments. Since 2010, Basic Wage Committees, which consist of workers, employers, and government representatives, administer the basic wage. The Executive Yuan announces and implements the related policy of the basic wage. In 2012, the Executive Yuan of Taiwan intended to attract investments made by Taiwanese in China back to Taiwan. It wanted to increase the proportions of foreign workers