Department for Business, Energy and Industrial Strategy written question – answered at on 20 July 2022.
To ask the Secretary of State for Business, Energy and Industrial Strategy, if his Department will undertake an assessment of the potential benefits of implementing £15 an hour minimum wage.
We have set out an ambitious target for the minimum wage to reach 2/3 of median earnings by 2024. It is important that increases are evidence-based, sustainable and affordable for business. That is why we consider the expert and independent advice of the Low Pay Commission when increasing the rates as setting the minimum wage too high may lead to higher unemployment and harm the very people the policy is intended to help.
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No0 people think not
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