UK minimum wage rises to Â£5.52
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The national minimum wage is to rise by 17p - about 3% - from Â£5.35 to Â£5.52 an hour from October 2007.
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House prices rose slightly across the UK last month, according to the latest survey from the Halifax bank.
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America's lowest-paid workers won a $2.10 raise Thursday, with Congress approving the first increase in the federal minimum wage in almost a decade.
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The Senate voted overwhelmingly today to increase the federal minimum wage for the first time in nearly a decade, but added tax breaks for small businesses that are unacceptable to House leaders, preventing Democrats from claiming a quick victory on one of their top legislative priorities.
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Inflation rose to 2.5% in August, the latest figures from the Office for National Statistics show.
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Britain's unemployment rate held at 5.3 percent in the three months to November, official data showed Wednesday.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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RICHMOND, Feb. 15 -- A House committee revived a proposal Thursday to raise the state's minimum wage to $6.50 an hour by sending the measure to the full House, even though Republican leaders have fought the move.
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British 12-month inflation rose to 2.5 percent in August from 2.4 percent the previous month.
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Bank of England expected to push rates up to 5.75%.
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The Spanish government has reached an agreement with unions and employers to raise the minimum monthly wage by 4.5 percent to euro512.90 (&#36;699) on Jan. 1, news reports said Tuesday.
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Increases to the minimum wage are beginning to be cause for concern for businesses, the CBI says.
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Business & money: Bank of England contemplates a fifth rise in interest rates in less than 12 months to tackle inflation.
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The TUC is arguing that the minimum pay for apprentices should rise from Â£80 a week to Â£110.
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UK employees who did unpaid overtime in 2004 would have earned Â£4,650 for their efforts if they had received a wage, the TUC says.
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The U.S. House of Representatives on Thursday overwhelmingly passed a compromise measure to increase the federal minimum wage for the first time in a decade -- and provide billions of dollars in tax breaks to help businesses pay for it. The vote was 348-73.
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With little fanfare, Congress yesterday approved the first increase in the federal minimum wage in nearly a decade, voting to boost wages for America's lowest-paid workers from $5.15 to $7.25 an hour over the next two years.