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Labour's £13 minimum wage to cause widespread job losses and higher inflation
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GB News
Labour's £13 minimum wage to cause widespread job losses and higher inflation
Two of Britain's biggest business organisations have warned Labour's planned increases to the national living wage beyond £13 an hour could damage the jobs market and fuel inflation.
They argue that employers are already struggling to absorb higher labour costs.
The Confederation of British Industry (CBI) and the British Chambers of Commerce (BCC) said successive above-inflation increases have placed mounting press…
6 Jul, 07:58