State of the Economy

Part of Oral Answers to Questions — Scotland – in the House of Commons at 2:30 pm on 28th June 1995.

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Photo of Mr George Kynoch Mr George Kynoch , Kincardine and Deeside 2:30 pm, 28th June 1995

My hon. Friend makes a valid point. Many Scottish and British businesses would like an answer from the hon. Member for Hamilton (Mr. Robertson) and his colleagues on that. Setting a statutory minimum wage would clearly have significant effects on British industry and would probably increase unemployment levels. For an example, one has only to look at France, where there is a statutory minimum wage of about the same level as the TUC favours and where there are significantly fewer young people in work than in the United Kingdom.