Ladyman welcomes hike in National Minimum Wage

Stephen Ladyman working for South Thanet

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Ladyman welcomes hike in National Minimum Wage

South Thanet MP, Steve Ladyman, has welcomed the announcement that the National Minimum Wage is to increase to £5.73 in October. The announcement was made today at Prime Ministers Questions.

"I am fiercely proud that it was this Labour Government that introduced the National Minimum Wage in the face of huge opposition from the Conservatives. Now thousands of my constituents all across South Thanet benefit from it" said Dr.Ladyman speaking from Westminster.

"This latest increase will mean that the rate will have gone by 60% since it was introduced. The Tories opposed it when it was introduced and still attack it claiming it costs jobs. In fact, during that time we have also created more than three million jobs and cut unemployment in South Thanet by well over half.

"Together with the Working and Child Tax Credits, the national minimum wage will currently guarantee that every family with one child and one person in full-time work will receive a minimum income of £276 per week from October 2007, up from £182 in April 1999. This is making work pay for families all around Thanet and Dover."