The National Minimum Wage was legislated for by the Labour government ~10 years ago. At the time the Conservative party argued against the national minimum wage on the grounds it would cost the country jobs, businesses would stop investing in Britain because labor costs would be so high.

To date we’ve not seen great job losses (we saw some job loses) due to the national minimum wage and foreign investors and business are still investing in Britain.

I consider the national minimum wage a Labour party success story and I am concerned how the national minimum wage would fair under a Conservative government. Would the conservatives continue to increase the national minimum wage in line with inflation or break the link and overtime make the national minimum wage an irrelevance.

Is the National Minimum Wage Safe Under a Conservative Government Poll

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The following Conservative MPs voted against the National Minimum Wage – depriving hard working families fair pay. Source:http://www.labour.org.uk/minimumwage

Peter Ainsworth MP David Cameron’s Shadow Secretary of State for Environment, Food and Rural Affairs
David Amess MP
Michael Ancram MP
James Arbuthnot MP
Peter Atkinson MP
Tony Baldry MP
John Bercow MP
Paul Beresford MP
Crispin Blunt MP David Cameron’s Opposition Whip
Tim Boswell MP
Peter Bottomley MP
Graham Brady MP
Julian Brazier MP David Cameron’s Shadow Transport Minister
Angela Browning MP
Simon Burns MP David Cameron’s Opposition Whip
Angela Browning MP
Sir John Butterfill MP
William Cash MP
Christopher Chope MP
James Clappison MP David Cameron’s Shadow Work and Pensions Minister
Ken Clarke MP Chairman of David Cameron’s Democracy Taskforce
Geoffrey Clifton-Brown MP David Cameron’s Shadow International Development Minister
Sir Patrick Cormack MP
David Curry MP
David Davis MP
Stephen Dorrell MP
Alan Duncan MP David Cameron’s Shadow Secretary of State for Business, Enterprise and Regulatory Reform
Iain Duncan Smith MP Chairman of David Cameron’s Social Justice Policy Group
Nigel Evans MP
Michael Fabricant MP David Cameron’s Opposition Whip
Michael Fallon MP
Liam Fox MP David Cameron’s Shadow Secretary of State for Defence
Christopher Fraser
Roger Gale MP
Edward Garnier MP David Cameron’s Shadow Justice Minister
Nick Gibb MP David Cameron’s Shadow Schools Minister
Cheryl Gillan MP David Cameron’s Shadow Secretary of State for Wales
James Gray MP
Damian Green MP David Cameron’s Shadow Immigration Minister
John Greenway MP
Dominic Grieve MP David Cameron’s Shadow Home Secretary
John Gummer MP Chair of David Cameron’s Quality of Life Policy Group
William Hague MP David Cameron’s Shadow Foreign Secretary
Philip Hammond MP David Cameron’s Shadow Chief Secretary to the Treasury
John Hayes MP David Cameron’s Shadow Minister for Vocational Education
Oliver Heald MP
David Heathcoat-Amory MP
Douglas Hogg MP
John Horam MP
Gerald Howarth MP David Cameron’s Shadow Defence Minister
Michael Jack MP
Bernard Jenkin MP
Robert Key MP
Julie Kirkbride MP
Elanor Laing MP David Cameron’s Shadow Justice Minister
Jacqui Lait MP David Cameron’s Shadow Minister for Communities and Local Government
Andrew Lansley MP David Cameron’s Shadow Health Secretary
Edward Leigh MP
Oliver Letwin MP Chairman of David Cameron’s Policy Review and of the Conservative Research Department
Julian Lewis MP David Cameron’s Shadow Defence Minister
David Lidington MP Chairman, International Office and Conservatives Abroad
Peter Lilley MP
Tim Loughton MP David Cameron’s Shadow Minister for Children
Peter Luff MP
Andrew Mackay MP David Cameron’s Senior Parliamentary and Political Adviser
David Maclean MP
Patrick McLoughlin MP David Cameron’s Opposition Chief Whip
Humfrey Malins MP
John Maples MP Conservative Party Deputy Chairman (Candidates)
Francis Maude MP David Cameron’s Shadow Cabinet Office Minister
Theresa May MP David Cameron’s Shadow Leader of the House
Malcolm Moss MP
Richard Ottaway MP
James Paice MP David Cameron’s Shadow Minister for Agriculture
Owen Paterson MP David Cameron’s Shadow Secretary of State for Northern Ireland
Eric Pickles MP
John Randall MP David Cameron’s Assistant Chief Whip
John Redwood MP Chairman of David Cameron’s Economic Competitiveness Policy Group
Andrew Robathan MP David Cameron’s Deputy Chief Whip
Laurence Robertson MP David Cameron’s Shadow Minister for Northern Ireland
David Ruffley MP David Cameron’s Shadow Home Affairs Minister
Richard Shepherd MP
Keith Simpson MP David Cameron’s Shadow Foreign Affairs Minister
Nicholas Soames MP
Caroline Spelman MP
Conservative Party Chairman
Sir Michael Spicer MP
Richard Spring MP Conservative Party Vice Chairman (Business)
Sir John Stanley MP
Anthony Steen MP
Gary Streeter MP
Desmond Swayne MP David Cameron’s Parliamentary Private Secretary
Robert Syms MP
Peter Tapsell MP
Ian Taylor MP
David Tredinnick MP
Andrew Tyrie MP
Peter Viggers MP
Robert Walter MP
Nigel Waterson MP David Cameron’s Shadow Work and Pensions Minister
John Whittingdale MP
Ann Widdecombe MP
David Willetts MP David Cameron’s Shadow Secretary of State for Innovation, Universities and Skills
David Wilshire MP
Ann Winterton MP
Nicholas Winterton MP
Tim Yeo MP
Sir George Young MP

I’ve looked into the numbers in the Labour campaign tool and it might not be accurate. I found an inflation rate calculator (http://safalra.com/other/historical-uk-inflation-price-conversion/) and if you plug in the starting value of £1.20 and cover the years 1999 to 2009 (10 years) it comes out with a figure of £1.60.

So Labour’s estimate of if the Conservatives were still in power and had never passed the National Minimum Wage the people (like me when I was younger) who were on really low wages would still be on pathetically low wages might be under estimated (not as low as £1.38). Still, £1.60 per hour under the Conservatives today compared with £5.80 per hour under Labour is a BIG difference!