Britain’s plan to raise minimum wage backed by review


Companies are now likely to see wage costs rise after next month’s snap national election whatever the outcome.

LONDON: Britain’s plan to raise the minimum wage to two-thirds of median earnings, taking it to £10.50 (US$13.58) an hour, was endorsed by an independent review that found setting a floor on pay had a negligible effect on job creation.

Companies are now likely to see wage costs rise after next month’s snap national election whatever the outcome.

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