Kim19
Seems to me this is an ever spiralling problem. By all means increase the basic to £15 - £20 if you like but, straight away, this additional outlay will be reflected in the new price of whatever commodity/service is being offered. Small companies will disappear and large companies will certainly not absorb this extra cost without increasing prices. I think we all know a more equal wealth distribution is essential but we also know this will never happen.
So we either have a society in which some people are stuck on a rate of pay that means they can't afford to buy a lot of things because they don't earn enough, or we pay them more, which means that a larger group of people won't be able to afford a lot of things because the prices have gone up. Meanwhile the producers are making large profits and can afford to buy lots of things.
Alternatively, the producers could take a smaller cut, and everyone can afford to buy more? Could that be enforced in law as an anti-inflationary policy? Something rings a bell that tells me that there is precedent for this.