Analysis - UK's minimum wage boost will not bring riches for all

By David Milliken LONDON (Reuters) - Britain's Conservative politicians cheered and pumped their fists on Wednesday when finance minister George Osborne announced a bumper increase in the minimum wage, but the economic gains from the change are likely to be much more muted. The plan to raise the minimum wage by 40 percent by 2020 was the surprise of Osborne's first budget since the Conservative Party won an unexpected outright victory at May's election. By tweaking a policy of the