Great Britain: minimum wage increase and action on default retirement in the 2010 budget

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26 March 2010 à 11h51

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2 minutes

Publication: 26 March 2010 à 11h51

Reading time: 2 minutes

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Default retirement. The Chancellor confirmed that the government is decided to scrap or raise the retirement age (currently 65). The final decision will be made this summer. Some employers and associations representing seniors would have like the government to use the budget to remove this age limit.
Publication

26 March 2010 à 11h51

Reading time

2 minutes

Publication: 26 March 2010 à 11h51

Reading time: 2 minutes

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ures against long-term unemployment which often affects seniors (50+). (Ref. 100264)

Default retirement. The Chancellor confirmed that the government is decided to scrap or raise the retirement age (currently 65). The final decision will be made this summer. Some employers and associations representing seniors would have like the government to use the budget to remove this age limit.

Moderate minimum wage increase. In October 2010, statutory minimum wage will rise 2.2%, from ₤5.80 (€6.44) to ₤5.9

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