Response to LPC consultation

FSB response to the Low Pay Commission’s Consultation on the National Minimum Wage Rates (including the National Living Wage) to apply from April 2022.

FSB has always supported the National Minimum Wage (NMW) and continues to do so provided the level set does not harm employment or business conditions. We believe that the Low Pay Commission (LPC) plays a critical role in setting the wage floor by taking an independent view that reflects wider economic and labour market changes. The majority of small employers recognise the wage floor ought to reflect improvements in the growth of the UK economy and real term increases in average wages, we therefore support gradual increases to the NMW.

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