Plans from the two biggest political parties to raise the minimum wage would boost pay for millions of people, a leading economic research group says. The move would also double or treble the number of people whose wages are set by government, the Institute for Fiscal Studies (IFS) said. Some have argued that current minimum wage levels are too low, leaving people in work struggling. Labour’s manifesto will reaffirm plans for the biggest shift in conditions for employees in Britain since the 1980s - including changing the way wages are set for 20 million workers.
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