4min chapter

The Intelligence from The Economist cover image

Reunions and rubble: Gaza’s first moments of peace

The Intelligence from The Economist

CHAPTER

Rethinking Wages: The £12.21 Dilemma

This chapter examines the Labour government's decision to raise the national living wage to £12.21 an hour, analyzing its impact on wage compression and workforce tensions. It highlights disparities in salary expectations, particularly for juniors versus skilled workers, and discusses the broader economic implications on public sentiment and political behavior.

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