Steep increases in UK minimum wage could kickstart an automation revolution in the workplace, with potentially radical consequences for those currently working as cashiers and receptionists among other jobs, according to new research by the Institute for Fiscal Studies (IFS).
Minimum Wage
For the over-25s, the minimum wage now stands at £7.50, covering 4 per cent of employees, and will rise to £7.83 in April.
The Government plans to hike it to 60 per cent of median earnings by 2020, which would equate to around £8.56 on current projections.
