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The Latest Breaking News from Minimum Wage

East London Indian restaurant loses licence after employing staff 'below minimum wage'

An East London Indian restaurant's licence has been suspended after the Home Office found staff were paid below minimum wage

Evening Standard

Larger families could gain more than £20,000 if Labour scraps two-child benefit cap

Conservative critics say the two-child cap is essential to preventing families on benefits from receiving packages worth more than the minimum wage

The Independent UK

‘Historic’: how Mexico’s welfare policies helped 13.4 million people out of poverty

Experts are enthusiastic about poverty reductions achieved under former Mexican president Andrés Manuel López Obrador

The Guardian - US

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'Not Every Wage Is Designed to Be a Livable Wage,' Says State Lawmaker —People Call It A Slap In The Face, 'I'm Comfortable…I Don't Care About You'

When Pennsylvania lawmakers debated raising the state's minimum wage from $7.25 to $15 an hour this summer, one comment drew more heat than the proposal itself. Republican House Minority Leader Jesse Topper stood on the chamber floor and said, "Here me clearly on this. Not every wage is designed to…

Benzinga

I Asked ChatGPT What Would Happen If Minimum Wage Rose at the Same Rate of Inflation — Here’s What It Said

What if minimum wage rose with inflation? I asked ChatGPT to crunch the numbers—see how much workers would earn and what it means for the economy.

GOBankingRates

Which nations have the highest and lowest minimum wages across Europe?

Euronews Business takes a close look at minimum wages across Europe, comparing both euro value and purchasing power.

Euronews

National Living Wage predicted to rise higher than expected

The highest estimate could see wages rise over £1,200 a year

The Independent UK

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Woman Shares Her Unpopular Opinion That Nurses Are 'Overrated And Obnoxious'— Been Treated Better By Minimum Wage Workers Than Nurses Making $60/Hr

Nurses are among the most trusted professionals in America. But one Redditor didn't hold back in saying… maybe they shouldn't be.

Benzinga

National living wage likely to rise to £12.71 next year, advisory body estimates

At the moment, the national living wage for people aged 21 and above is £12.21 an hour.

Evening Standard

Government asks body to consult on axing ‘discriminatory’ minimum wage age bands

The Low Pay Commission will be required to put forward ‘recommendations on achieving a single adult rate in the years ahead’.

The Independent UK

Trump’s New Tip Tax Break Is Temporary — Don’t Budget for It

Regardless of how much money it nets back into tip earners' wallets, the break is temporary. Here's why those who get a break should budget like they aren't.

GOBankingRates

Aldi Raises Minimum Wage to Over £14—Retaining Its Position as Highest-Paying UK Supermarket

Aldi raises minimum wage for its staff. By increasing it to £14 per hour, it retains its position as the highest-paying supermarket in the UK.

International Business Times UK

You’d Need To Work for 3.5 Million Years To Match Elon Musk’s Net Worth — Here’s the Math

Someone making around $115,000 annually, or $55 per hour, would need to work 3.5 million years to accumulate that amount of money.

GOBankingRates

Is Housing 'Out of Reach' for More Than Half of Workers?

Plus: Single-stair reform in Nashville, an inclusionary zoning lawsuit in Seattle, and a zoning-created full-service Popeyes in Illinois.

Reason

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Reason

Trump vs. Harvard

Plus: City-run grocery stores, Peronists for prison, California can't figure out how minimum wage hikes work, and more...

GOBankingRates

How To Become a Millionaire While Working at McDonald’s

This experiment will show how someone making the federal minimum wage could potentially have $1 million when they retire at 65.

Reason

California's Minimum Wage Hike Cost 18,000 Fast-Food Jobs as Employment Ticked Up in Other States

The law transferred wealth from workers who lost their jobs to those who didn’t.

Reason

There Are Better Ways To Help Restaurant Workers Than No Tax on Tips

Helping servers takes more than a temporary tip tax break.

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news in one place.

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The Mary Sue

‘How did you make $0?’: Server works for 77 hours. Then she gets her paycheck, proving why you need to ‘tip your servers’

A server recently revealed that she received a paycheck for $0. People are blaming her.

GOBankingRates

Make a Living by Working Just 20 Hours a Week — Financial Expert Shares Her Method

Bernadette Joy of “Crush Your Money Goals” shares her four steps that can make this dream possible.

The Guardian - UK

National Trust to cut at least 550 jobs after £10m rise in costs from Reeves’s budget

Exclusive: Charity hit by increase in employer national insurance and minimum wage and aims to save £26m

MusicRadar

“The biggest live performer of all time is Taylor Swift. But without the female audience – no Taylor!": Kiss star Gene Simmons says the music industry ain’t what it used to be – and blames “the fans” for putting young bands out of business

"There is no minimum wage for songwriters," he says

Evening Standard

Revealed: Unemployed people on sickness benefits paid £2,500 more than minimum wage workers

A Universal Credit claimant who is not working and claims housing payments and PIP for ill health will receive £25,000 next year, according to research

Benzinga

No Degree, No Inheritance, No Safety Net—Just Grit. This Millennial Escaped Generational Poverty And Wants Others To Know They Can Too

Growing up in a trailer park with parents working minimum wage jobs, this millennial didn't have a college degree, inheritance or a financial safety net. What they did have was a job at 16, the drive to keep moving, and two decades of relentless effort that broke the cycle of…

Fortune

'No tax on tips' sounds great until you explore the history—as many will soon discover

Untaxed tips are an invitation to fraud, and bosses and customers react to them in unpredictable ways.

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People

Andrés Manuel López Obrador

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