Topics
Minimum Wage
A minimum wage is a legally-enforced pay floor in the labour market. The UK National Minimum Wage (NMW) applies to most workers and sets minimum hourly rates of pay, which are updated annually.
The NMW was introduced on 1 April 1999 at the rate of £3.60 per hour for adults aged 22 and over. From April 2018, the adult rate for the minimum wage (for workers aged 25 years and over) will be £7.83 per hour.
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Poverty Deepening in Modern Britain
24th March 2024
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UK Government Raises Minimum Wage by 10%
22nd November 2023
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4.1.6.6 National Minimum Wage (AQA A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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1.4.1 Minimum Prices (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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3.5.3 Minimum Wages and Unemployment (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Synoptic Economics: Impact of Higher Minimum Wage
Topic Videos
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Minimum Wages and Unemployment
Study Notes
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Netherlands raises their minimum wage by 10%
21st September 2022
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TUC launch campaign for £15 per hour national minimum wage
24th August 2022
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Labour Market Diagrams - Six Short Revision Videos
Topic Videos
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Edexcel Paper 3: Synoptic Essay on the Minimum Wage
Exam Support
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Minimum Wage and Living Wage
Topic Videos
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Restaurants face closure as costs rise and demand dips
5th December 2016
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Wage Differentials in the UK (Labour Markets)
Study Notes
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Minimum Wages - Analysis of Impact (Labour Markets)
Topic Videos
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Minimum Wages - Evaluation (Labour Markets)
Topic Videos
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Inequality in the UK Economy
Topic Videos
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Minimum Wage - A Level Economics Data Response Plan
Exam Support
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A* Exam Technique: Evaluating impact of a higher minimum wage
Practice Exam Questions
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Minimum Prices (Online Lesson)
Online Lessons
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Does a higher minimum wage necessarily cost jobs?
15th January 2020
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UK national living wage to rise by 6.2% in 2020
31st December 2019
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Signficant historical events in Economics - "Timeline" Activity
Quizzes & Activities
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Labour Market Failure (2019 Update)
Teaching PowerPoints
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20 Years of the UK National Minimum Wage
Study Notes
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Minimum Wage - Evaluation Phrases in Action
Study Notes
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Minimum Wage (Chain of Analysis)
Topic Videos
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Amazon increases their US minimum wage to $15 an hour
5th October 2018
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Market Failure - Income and Wealth Inequality
Study Notes
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Economics Exam Context for 2018
Study Notes
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Government Intervention - Minimum Prices
Study Notes
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Must Watch Revision Videos on Labour Markets
1st June 2018
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Employment gains from a higher Mexican minimum wage
12th April 2017
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Business Responses to the "new" UK Living Wage
24th April 2016
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Why the Minimum Wage Worked
12th April 2016
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Will the new National Living Wage cost jobs?
25th March 2016
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Should there be a maximum wage?
29th July 2014
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Measuring a minimum income standard
29th July 2014
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The Poverty Trap- Panorama
12th October 2014
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Government regulation: minimum wage and the homecare industry
30th March 2015
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Osborne rebrands the Minimum Wage
9th July 2015
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Whitbread to pay the Living Wage
9th September 2015
