Commenting on the Regulatory Policy Committee’s six-monthly report, published today, Dr Adam Marshall, Acting Director General of the British Chambers of Commerce, said:
“This report shows that the introduction of the National Living Wage will be a very expensive new obligation for many firms.
“Businesses want reassurance that there are no more costly changes on the government’s agenda – so they can make their recruitment plans for the year ahead.
“Looking to the future, it is imperative that the government heed the Low Pay Commission’s evidence-based recommendations for minimum wage rises.
“Though many firms may not know of it, the Regulatory Policy Committee plays an important role. Business should support its continued efforts to identify ways that the regulatory burden can be reduced.”