The increase in the national minimum wage is unwelcome in today's economic climate. We understand the Government must strike a balance between boosting consumer spending and economic growth, however they must ensure the UK's small businesses stay competitive at a time when the economy remains fragile.
There will be businesses that operate on thin margins, who will struggle with any increase to the minimum wage. We therefore urge Government to place renewed impetus into driving down their overheads, such as business rates, energy and fuel costs, and freeing up cash-flow by ending the scourge of late payment by big companies to their suppliers.
More top news
The Liberal Democrats have proposed to invest an extra £10 million in mental health care for military personnel
David Cameron hopes to set out a positive vision of Toryism for ethnic minorities predicting the UK's first black PM will be Conservative
Dog lover Simon Cowell will appear to resist the lure of a hypnotic dog in tonight's Britain's Got Talent show - or does he?