The minimum wage acts as a floor on pay, protecting workers while ensuring job creation for the unemployed continues.
The living wage must remain an aspiration that helps some firms pay more, but many companies simply can't afford it. Moving away from a voluntary approach would undoubtedly damage our unemployment rate.
The best way to boost wage growth in the longer term is to build a sustainable recovery and invest in the productivity growth that will boost wages.
More top news
Neil Hamilton confirms that he will stand in a leadership contest against the AM who ousted him just a month ago
A survey into inappropriate behaviour questioned Assembly members and people who work either for individual AMs or the Assembly as a whole.
With breaks in the cloud this afternoon allowing the sunshine to shine through, pollen levels will rise to very high today.