Minimum Wage

Department for Business, Energy and Industrial Strategy written question – answered on 20th July 2022.

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Photo of Richard Burgon Richard Burgon Labour, Leeds East

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.

Photo of Jane Hunt Jane Hunt Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

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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