Coming over here, taking our jobs...

[vetran]

reskill so they are worth more and instill that ethos into their kids?

hardly, either become benefit dependent, drop out or start mugging grannies.

[unemployed]

hardly, either become benefit dependent, drop out or start mugging grannies.

indeed this is the way to bring up the future generations. not like you will have a choice really
either become a banker or an estate agent they are the only careers where the government will love you.

[vetran]

You've just belted the proverbial nail right on the head here; so many people who complain about the business practices of those who choose cheap labour are quite happy to pay what the Business selling them asks. If you want poor starving tax evading multinationals to pay their staff a living wage rather than ripping them off so their CEO can have a bigger bonus be prepared to pay for it.

FTFY.

from the CNBC article :

With the industry estimating that one-third of its costs go to labor, he said a $15 wage would mean wage increases averaging around 60 percent, raising the cost of a $3 hamburger to $3.50 or $3.60.

swoon, 10 - 20% price rise. of course they could cut their margins

[vetran]

reskill so they are worth more and instill that ethos into their kids?

you know a lot of people at the bottom end then?

[AtW]

inside m25 should be £15 min

regardless of job

Nobody is forced to live inside M25

[Mich the Tester]

FTFY.

from the CNBC article :



swoon, 10 - 20% price rise. of course they could cut their margins

Anyone who wants multinationals to pay more tax will have to accept two things;
1) lower pension payouts as they can't pay the same dividends
2) an even greater public debt seeing as however much money you give the government they'll always spend between 3% and 5% more.

That's why I don't think it's a good idea for multinationals to pay more tax.

In fact I don't tink it's much good for anyone to pay any more tax tan they already do.

[original PM]

FTFY.

from the CNBC article :



swoon, 10 - 20% price rise. of course they could cut their margins

That ain't gonna happen!

I suppose though it will hit those quieter stores hard - so a busy McD's will sell say 30000 burgers an hour and so the price increase to cover the wage increase would be small

but a small branch that does not do that level of business would suffer more - you could say that it will even out over the whole business but each branch manager will be expected to perform to a certain standard which would become hard to attain with a huge wage rise to the staff.

[unemployed]

Nobody is forced to live inside M25

they are if they want a job

i favour option 2 that the bank of england put a app on google play so that we can all print our own money
the world would be much easier , i mean they do

[AtW]

Why not £20 though? If more is better, then why only push it up to £10?

There are some calculations out there that define liveable wage, which I think is only 1-2 more than current level, but I've rounded it up.

[original PM]

you know a lot of people at the bottom end then?

used to be a recruitment consultant dealing with that end - so yes I have an insight.

the interesting thing was when you had dad n son applying for (admittedly sh1ddy) jobs - often much enthusiasm in the youngster not so in the dad - but then maybe thats what happens when life crushes your spirit.