Are you just blind of whats going on around you since the minimum wage came in at just a modest level. We now cannot compete with other countries on manufacturing or any thing for that matter. Just go down the job centre and see how long the queues are. You want young people to help pensioners well they won't be able to because there are no jobs. London underground 800 jobs being shed, same number lines and trains. Less people to do the same amount of work. Minimum wage great for the people with a job, for the rest they can just dream and use up their saving untill they can join people in poverty on the dole. Go on blame Thatcher cannot be any thing to do with new labour who have been in power for the last 13 years. Brown he's got billions to give away abroad to make a name for him self, for us pensioners not a lot.

I don't think that it is the level of the minimum wage in Britain that makes us unable to compete with other countries; it is because they pay so much less than us rather than us paying so much more in a world economy.
As I said before......It is the
cost of living in each country that drives wages up and at the moment we pay our bottom end FULL TIME workers just about enough to keep them from starving.
Don't take my word for it, just look at the level that benefits are set at and you will find the minimum level that wages should be set at.
There are a number of nasty ways - as John highlighted - that employers CAN pay less than the minumum wage but, legal or illegal, these abuses do not detract from the fact that if around forty hours are worked per week at the bottom there has to be a wage paid that makes it worth-while for the worker to go to work at all - in Britain.
If we do not fight to ensure that this minimum wage is sustained the unscrupulous employers
WILL pay slave rates !