February 24 2015.

Commenting on the Low Pay Commission’s recommendation to raise the National Minimum Wage by 3% in October 2015, Dr. Adam Marshall, Executive Director of Policy and External Affairs at the British Chambers of Commerce said:

“We are heartened that the Low Pay Commission ignored the siren song of politicians fighting a general election campaign and stuck to the evidence when making its recommendation for the National Minimum Wage.

“A 3% rise will be a welcome boost to many staff, and comes at a time when firms are healthier, more confident and more able to afford an above-inflation rise. Some firms with tight margins may struggle, but our evidence suggests that many companies are already considering wage boosts after years of necessary restraint.

“It is imperative that Ministers heed the Low Pay Commission’s careful recommendation when taking their final decision on minimum wage rates from October.”