The Greens have set a new target for the minimum wage to reach £10 an hour for everyone by 2020. Photo: Flickr/Images Money
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£10 an hour: the Greens' new target for minimum wage

For the Green party, asking nicely for employers to pay a living wage isn't enough.

More than 100 years ago the well-known radical socialist Winston Churchill said that it was “a serious national evil” that anyone “should receive less than a living wage for their utmost exertions”. Today both David Cameron and Ed Miliband claim to be united in calling for that evil to be eradicated from national life: in 2010 Cameron said it was “an idea whose time has come”. And in 2012 Miliband called it “a really important idea”.

Yet scratch below the rhetoric and you’ll see that the simple idea of ensuring that wages pay people enough to live on is a long way from being realised. In fact, under Cameron’s watch the problem has got worse – the number of people earning less than a living wage has risen by 50 per cent - from 3.4m in 2011 to 5.2m today. The government promised to make work pay; in fact it’s making work pay much less.

The Conservative and Labour approach of small carrots and no sticks – ranging from gentle encouragement to employers to pay their workers more to tax breaks to companies that “do the right thing” – isn’t working. For the first time since records began, the majority of people in poverty are in working families. Two-thirds of adults in these families are in work. Far too many workers – social care being a notable area of great exploitation – aren’t even being paid the legal minimum wage.

Fear and economic insecurity dog the lives of millions of households. They have little hope for improvement in their circumstances, little confidence that they’ll be able to pay the bills, and worry about going under, disappearing into the hungry jaws of payday loans and credit card bills.

What they need is hope; confidence that their lives will get better, less stressed, less fearful.

That’s why the Green Party is pursuing a different approach. Instead of asking nicely, we will make it a legal requirement for all employers to pay their workforce enough for them to live on: we will set a new target for the minimum wage to reach £10 an hour for everyone by 2020. We’d also immediately increase the minimum wage to living wage levels.

Of those 5.2m low paid workers nearly half a million are in the public sector. The cost of paying them all a living wage works out at around £360m – about 0.25 per cent of public spending. Ensuring all of Tesco’s 310,000 employees have enough to put food on the table and pay the bills would cost a fraction of the £2.4bn profit they are forecast to make this year.

Here in the UK we have one of the worst records on low pay in the developed world. We are twice as bad as the best performers: Belgium, Italy, Norway and Finland all have low pay rates less than half of ours. Only the United States has a worse record.

So anyone who is serious about building a fairer society and an economy that works for everyone, not just those at the top, really does have to have a credible plan to tackle poverty pay. The public expect it too – nearly eight in ten agree that “people working full-time should be paid enough to maintain a basic but socially acceptable lifestyle”.

Our £10 an hour policy is a part of a package of measures that will be included in our fully costed 2015 manifesto which will also set out our plans for a wealth tax on the top 1 per cent and pay ratios to ensure that the CEO isn’t paid more than 10 times the salary of the office cleaner.

More than a century after Churchill called for it, the Green Party will ensure that the living wage really is an idea whose time has come.

Natalie Bennett is leader of the Green party

Natalie Bennett is the leader of the Green Party of England and Wales and a former editor of Guardian Weekly.

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An unmatched font of knowledge

Edinburgh’s global reputation as a knowledge economy is rooted in the performance and international outlook of its four universities.

As sociologist-turned US Senator Daniel Patrick Moynihan recognised when asked how to create a world-class city, a strong academic offering is pivotal to any forward-looking, ambitious city. “Build a university,” he said, “and wait 200 years.” He recognised the long-term return such an investment can deliver; how a renowned academic institution can help attract the world. However, in today’s increasingly globalised higher education sector, world-class universities no longer rely on the world coming to come to them – their outlook is increasingly international.

Boasting four world-class universities, Edinburgh not only attracts and retains students from around the world, but also increasingly exports its own distinctively Scottish brand of academic excellence. In fact, 53.9% of the city’s working age population is educated to degree level.

In the most recent QS World University Rankings, the University of Edinburgh was named as the 21st best university in the world, reflecting its reputation for research and teaching. It’s a fact reflected in the latest UK Research Exercise Framework (REF), conducted in 2014, which judged 96% of its academic departments to be producing world-leading research.

Innovation engine

Measured across the UK, annual Gross Value Added (GVA) by University of Edinburgh start-ups contributes more than £164m to the UK economy. In fact, of 262 companies to emerge from the university since the 1960s, 81% remain active today, employing more than 2,700 staff globally. That performance places the University of Edinburgh ahead of institutions such as MIT in terms of the number of start-ups it generates; an innovation hothouse that underlines why one in four graduates remain in Edinburgh and why blue chip brands such as Amazon, IBM and Microsoft all have R&D facilities in the city.

One such spin out making its mark is PureLiFi, founded by Professor Harald Haas to commercialise his groundbreaking research on data transmission using the visible light spectrum. With data transfer speeds 10,000 times faster than radio waves, LiFi not only enables bandwidths of 1 Gigabit/sec but is also far more secure.

Edinburgh’s universities play a pivotal role in the local economy. Through its core operations, knowledge transfer activities and world-class research the University generated £4.9bn in GVA and 44,500 jobs globally, when accounting for international alumni.

With £1.4bn earmarked for estate development over the next 10 years, the University of Edinburgh remains the city’s largest property developer. Its extensive programme of investment includes the soon-to-open Higgs Centre for Innovation. A partnership with the UK Astronomy Technology Centre, the new centre will open next year and will supply business incubation support for potential big data and space technology applications, enabling start-ups to realise the commercial potential of applied research in subjects such as particle physics.

It’s a story of innovation that is mirrored across Edinburgh’s academic landscape. Each university has carved its own areas of academic excellence and research expertise, such as the University of Edinburgh’s renowned School of Informatics, ranked among the world’s elite institutions for Computer Science. 

The future of energy

Research conducted into the economic impact of Heriot-Watt University demonstrated that it generates £278m in annual GVA for the Scottish economy and directly supports more than 6,000 jobs.

Set in 380-acres of picturesque parkland, Heriot-Watt University incorporates the Edinburgh Research Park, the first science park of its kind in the UK and now home to more than 40 companies.

Consistently ranked in the top 25% of UK universities, Heriot-Watt University enjoys an increasingly international reputation underpinned by a strong track record in research. 82% of the institution’s research is considered world-class (REF) – a fact reflected in a record breaking year for the university, attracting £40.6m in research funding in 2015. With an expanding campus in Dubai and last year’s opening of a £35m campus in Malaysia, Heriot-Watt is now among the UK’s top five universities in terms of international presence and numbers of international students.

"In 2015, Heriot-Watt University was ranked 34th overall in the QS ‘Top 50 under 50’ world rankings." 

Its established strengths in industry-related research will be further boosted with the imminent opening of the £20m Lyell Centre. It will become the Scottish headquarters of the British Geological Survey, and research will focus on global issues such as energy supply, environmental impact and climate change. As well as providing laboratory facilities, the new centre will feature a 50,000 litre climate change research aquarium, the UK Natural Environment Research Council Centre for Doctoral Training (CDT) in Oil and Gas, and the Shell Centre for Exploration Geoscience.

International appeal

An increasingly global outlook, supported by a bold international strategy, is helping to drive Edinburgh Napier University’s growth. The university now has more than 4,500 students studying its overseas programmes, through partnerships with institutions in Hong Kong, Singapore, China, Sri Lanka and India.

Edinburgh Napier has been present in Hong Kong for more than 20 years and its impact grows year-on-year. Already the UK’s largest higher education provider in the territory, more than 1,500 students graduated in 2015 alone.

In terms of world-leading research, Edinburgh Napier continues to make its mark, with the REF judging 54% of its research to be either world-class or internationally excellent in 2014. The assessment singled out particular strengths in Earth Systems and Environmental Sciences, where it was rated the top UK modern university for research impact. Taking into account research, knowledge exchange, as well as student and staff spending, Edinburgh Napier University generates in excess of £201.9m GVA and supports 2,897 jobs in the city economy.

On the south-east side of Edinburgh, Queen Margaret University is Scotland’s first university to have an on-campus Business Gateway, highlighting the emphasis placed on business creation and innovation.

QMU moved up 49 places overall in the 2014 REF, taking it to 80th place in The Times’ rankings for research excellence in the UK. The Framework scored 58% of Queen Margaret’s research as either world-leading or internationally excellent, especially in relation to Speech and Language Sciences, where the University is ranked 2nd in the UK.

In terms of its international appeal, one in five of Queen Margaret’s students now comes from outside the EU, and it is also expanding its overseas programme offer, which already sees courses delivered in Greece, India, Nepal, Saudi Arabia and Singapore.

With 820 years of collective academic excellence to export to the world, Edinburgh enjoys a truly privileged position in the evolving story of academic globalisation and the commercialisation of world-class research and innovation. If he were still around today, Senator Moynihan would no doubt agree – a world-class city indeed.

For further information www.investinedinburgh.com