CBI responds to Labour party national minimum wage proposals
"The Low Pay Commission is one of the biggest success stories of the last Labour Government and makes its judgements based on considerable independent expertise. The LPC is not for politicians to play politics with.
"The national minimum wage has enjoyed broad business support and a move to a politicised US-style system is not in the interest of companies or workers.
"Raising wages in this way would put serious strain on businesses, particularly hard-pressed smaller firms with tight margins, which would end up employing fewer people. Instead, politicians should address how people move on in their careers, through training and better skills, helping them move to higher paying roles over time."