Employers 'should exceed' minimum wage if they can

The Business Secretary, Vince Cable, said he was in favour of companies paying more than the minimum wage if they could afford it. But if wages are too high, it could lead to "significant loss of employment".

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Minimum wage to increase

The Government says the national minimum wage will increase by 12p an hour to £6.31 for adults and by 5p to £5.03 for 18-to-20-year-olds.