Big increases in minimum wages will “raise employer costs disproportionately in poorer regions of the country”
12 March 2020
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Press Release
11 March 2020
In the Media
Tax and Fiscal Policy
19 November 2024
Prof Len Shackleton quoted by the Guardian
Responding to the Budget announcement that the national minimum wage will rise from £8.21 per hour today to £10.50 in 2024, the IEA’s Editorial and Research Fellow Prof Len Shackleton warned that big increases in minimum wages will “raise employer costs disproportionately in those poorer regions of the country the prime minister wants to help”.
Quoted by the Guardian, he said “the ratio of minimum wages in Northern Ireland, Yorkshire and Humber, the East Midlands and Wales is higher than the 66% target the Conservatives have set.”
Read the article here.
Quoted by the Guardian, he said “the ratio of minimum wages in Northern Ireland, Yorkshire and Humber, the East Midlands and Wales is higher than the 66% target the Conservatives have set.”
Read the article here.
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