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The National Minimum Wage : Pride or Prejudice?

It was not until the 1987 election campaign that the TUC and the Labour Party clearly came out in favour of introducing a national minimum wage in Great Britain. The unions have traditionally been opposed to this type of legislation for a variety of reasons. First and foremost they believe that voluntarism is far more desirable than state intervention and that above all, collective bargaining would in the long run be the most efficient way of putting an end to poverty wages.