Inflation is now going up, wait till you see interest rates rise and see how many will be happy on the minimum wage then
Totally correct here EnRest. Inflation has only just started to rise, and will do so dramatically into 2017 and beyond, and at some point interest rates will follow. There is going to be a real change of culture over the coming few years, far too many have mortgaged to the hilt on the back of near zero per cent interest rates. Whether that leads to people hunkering down to keep their jobs or fighting for better pay remains to be seen. This could lead to house prices stalling (maybe no bad thing) and who knows what else. One thing that is for certain is that Brexit has speeded up this process.