The government should have a minimum wage target of £6.94 an hour and create a powerful watchdog to help workers escape low pay, according to the conclusions of an inquiry chaired by Sir George Bain, one of the original architects of the UK statutory national minimum wage.
The inquiry's final report was published on the day the coalition government announced the minimum wage would rise by 19p – or 3 per cent – to £6.50 an hour and signalled there would be bigger increases in future years.
Professor Sir George Bain, chair of the review, said: 'Leading thinkers on left and right have argued in recent months that the minimum wage should be strengthened. This report sets out what that would mean. We think the core of the current settlement should be retained, but that we should build on this success a broader, more far-sighted and more assertive approach'.
Source: More Than a Minimum: The Resolution Foundation Review of the Future of the National Minimum Wage – The Final Report, Resolution Foundation
Links: Report | Resolution Foundation press release | York University press release | Guardian report