Minimum Wage

(asked on 12th July 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if his Department will undertake an assessment of the potential benefits of implementing £15 an hour minimum wage.


Answered by
Jane Hunt Portrait
Jane Hunt
This question was answered on 20th July 2022

We have set out an ambitious target for the minimum wage to reach 2/3 of median earnings by 2024. It is important that increases are evidence-based, sustainable and affordable for business. That is why we consider the expert and independent advice of the Low Pay Commission when increasing the rates as setting the minimum wage too high may lead to higher unemployment and harm the very people the policy is intended to help.

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