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Inflation Has Killed Minimum Wage, Says Key Architect Sir George Bain

View of a woman's hand holding 17p in British Sterling; the amount which the minimum wage is to increase by.
View of a woman's hand holding 17p in British Sterling; the amount which the minimum wage is to increase by.
PA

The national minimum wage is no longer working because its value has fallen, one of its key architects said as a new study showed it could be worth less in 2017 than it was in 2004.