31 December 2019
Matthew Fell, CBI Chief UK Policy Director, said:
“Business shares the Government’s ambition for a higher wage, higher productivity economy and this increase in the national living wage continues to take us down that path.
“Whilst it’s the right thing to do and many workers will feel the benefit, some firms will find this rise challenging in the face of tough economic conditions.
“It’s vital that the Low Pay Commission has the full range of tools at its disposal to judge the evidence base, pace and affordability for any future rises to ensure the UK’s successful job creation story continues into the coming decade.”