Just had an 1 on 1 meeting about the new £8.50 per a hour contact and like other colleagues, I said nah, I'm gonna stick with the original contract. It's not worth the extra 50+ quids to my wage slips if I'm gonna lost the bank holidays, gaining more random overtime shifts each weeks, etc. Also I asked them if they will increase the money if the government raised the minimum wage, they yet got the answer for it but said they probably will do that...
Unfortunately for the new colleagues after this October cos they will put on this new contract they have no chance to opt out!