Payment protection claims could be useful for many workers in the UK who may find themselves struggling with stagnating incomes and rising inflation.Dave Prentis, the general secretary of Unison, said that the national minimum wage (NMW) would need to be set at £8 per hour by the end of 2012 to adequately reflect the increase of the price of goods and services in the UK since the banking crisis began.The union leader explained that the NMW was in place to stop workers being taken advantage of and boosting it would be an effective way of initiating growth in the country's economy.Social care workers were particularly at risk due to employers cutting their wages to rearrange budgets because of a decrease in funding, he added.This comes after Linsey Thomson, senior economic analyst at the Alliance Trust, said high inflation rates coupled with rising unemployment was seriously stretching household budgets.Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
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