Business secretary Vince Cable has come out to defend the privatisation of Royal Mail in the face of criticism from the National Audit Office.
The national minimum wage is set to rise 19p to £6.50 per hour across the UK from October, the first time since the financial collapse in 2008 that the rate has risen by more than inflation.
Chancellor George Osborne has said that he supports a rise in the minimum wage to £7 per hour as proposed by the Low Pay Commission.
Chancellor George Osborne has warned against a rise in the minimum wage by 50p, claiming it could “cost jobs”.
David Cameron will bring forward the launch of the Tories’ Help to Buy scheme, ignoring warnings that the plan will inflate the housing bubble.