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This may have a great impact on our firm in the PC market. In the last 2 years, the minimum wage has gone up from ?3.50 to ?4.10 and there have been rumours that it should go up in the next year or so. Trade unions say it should be raised by another 10p but it needs to be higher than what it is now. This would be good overall but it would also be good for our firm, as consumers' income has increased, therefore they have more money to spend and may feel that now they can afford to buy a computer.
The government has tried to improve the skill and knowledge of IT in the UK. Due to this effect, the population in the UK may feel more skilled in using PCs, and therefore this impact may increases the use of PCs at home, leading to a greater demand as consumers feel more confident in using them...
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