BusinessPeople In BusinessCBI backs higher minimum wage

CBI backs higher minimum wage

The CBI has lent its support to a rise in the minimum wage, which would see it lifted to £4.50.

Link: TUC wants boost in minimum wage

The organisation for business leaders has indicated that the minimum wage is working and would be happy to see it increased if the economic environment is right.

The CBI’s director general, Digby Jones, said: ‘The minimum wage has so far been a success and it should not wither on the vine, so business supports modest rises if economic circumstances allow.’

The government’s Low Pay Commission is to review the minimum wage in February and has already begun taking evidence as part of a consultation process.

Unions have already said that the current minimum level, £4.20, is too low.

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

5m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer