More than a million workers in the UK are set to benefit from a 3pc bump in the national minimum wage - the highest increase since the start of the recession.
British Prime Minister David Cameron yesterday announced that the minimum wage will rise by 20p to £6.70 per hour, the biggest real-terms increase since 2008.
The change will take effect from October and comes a day before the government makes an appeal for voters' support with its last budget announcement ahead of an election in which voters' living standards is expected to be key a issue.
The minimum wage has also recently come under close scrutiny in Ireland, with a new Low Pay Commission established to report to the Government on what, if any, changes should be made to the national minimum wage of €8.65.
The commission will report to Minister for Business and Employment Ged Nash by July. Mr Nash is in favour of raising the minimum wage, calling 2015 the year of the pay rise.