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.
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It's hoped more people will consider using their local service amid concerns over the future of the bus industry.
Dry across the country this evening with broken cloud and some late sunshine. Scattered showers expected tomorrow.
40,000 people are expected at the motorbike event in the capital this weekend.