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Minimum Wage: Too Much of a Good Thing?

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Manage episode 183480585 series 1301239
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Has the initial success of the minimum wage meant politicians have extended the policy to damaging levels? All the major political parties agree: the measure has been a success, and in the 2017 election all promised substantial rises in the rate by 2020. The Conservatives are aiming for a £9 national living wage by the end of the decade, and not to be outdone, Labour promised £10 for all but the under-18s. Paul Johnson, director of the Institute of Fiscal Studies, asks why left and right have both adopted this once controversial policy. And could the current bidding war of big increases undermine the positive effects it has had over its eighteen-year history? Producer: Kate Lamble.

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391 episodes

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Minimum Wage: Too Much of a Good Thing?

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Manage episode 183480585 series 1301239
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Has the initial success of the minimum wage meant politicians have extended the policy to damaging levels? All the major political parties agree: the measure has been a success, and in the 2017 election all promised substantial rises in the rate by 2020. The Conservatives are aiming for a £9 national living wage by the end of the decade, and not to be outdone, Labour promised £10 for all but the under-18s. Paul Johnson, director of the Institute of Fiscal Studies, asks why left and right have both adopted this once controversial policy. And could the current bidding war of big increases undermine the positive effects it has had over its eighteen-year history? Producer: Kate Lamble.

  continue reading

391 episodes

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