This month marks 25 years since a national minimum wage was introduced in the UK. Once a controversial policy, due to fears that it would lead to fewer jobs, it has instead proven to be highly successful. The minimum wage is now a fully accepted part of the labour market. Stephen Machin reflects on how the minimum wage has reduced wage inequality and what needs to happen next.

---

1 April 2024

---

LSE British Politics and Policy

---

https://blogs.lse.ac.uk/politicsandpolicy/the-national-minimum-wage-25-years-on/

This Blog is published under the centre's Labour programme.

This publication comes under the following theme: Labour market dynamics, Labour market inequalities: Causes and cures