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.
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