UK Business

University still pays off – even in lower-wage Britain

Written by Sean Brophy, Senior Lecturer, Manchester Metropolitan Business School, Manchester Metropolitan University

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

Some smaller law firms are already...

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