National Living Wage
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Nov- 2015 -10 NovemberCurrent Affairs
‘Lethal combination’ for UK retailers, says Tesco boss
Story by Michael Northcott The chief executive of Tesco, Dave Lewis, has warned that the UK retail sector is facing a “lethal cocktail” of rising costs. Speaking at the CBI’s annual conference, Lewis said rising business rates and the National Living Wage (introduced by George Osborne earlier this year) mean…
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Jul- 2015 -10 JulyEditorial
Introducing the new National Living Wage
On July 8, the Government unveiled the first purely Conservative Budget for 19 years. Chancellor George Osborne’s “new contract” for the country introduced a National Living Wage for all working people over the age of 25. Minimum wage will reach £7.20 per hour next April, rising to £9 by 2020.…
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