National minimum wage increases to £5.80 per hour

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National minimum wage increases to £5.80 per hour.

Today's 1.2% increase in the NMW (from £5.73 to £5.80) will be the tenth increase since it was introduced in April 1998.

Over the last decade the NMW has increased by 61.1%, compared to a 52.1% growth in average earnings and a 34.9% increase in the Retail Price Index (excluding housing costs) over the same period.

This is a Labour achievement.