Monday 28 November 2016

National/ International business news story analysis

This story was taken from the BBC News website about the rise in living wage in the UK.



The 5 W's:
Who: The OECD
What: They are urging caution over increase over living wage.
Where: The UK
When: Today
Why: Because Chancellor Phillip Hammond pledged to raise the living wage to £7.50 an hour

News Values:
Immediacy: It has happened very recently.
Familiarity: It is happening in the UK which is geographically close.
Amplitude: It is a big proposal that can potentially effect many people.
Impact: This proposal will have a big impact on our lives as employers will have to pay more and employees will get paid more.
Elite people: This involves elite members of the public and government.

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