Will Labour’s tax breaks for employers see an increase in UK wages?
Monday, November 4th, 2013This weekend, Labour Leader Ed Milliband has promised to close the gap between employee wages and the cost of living, with tax breaks for employers that are prepared to pay a living wage.
However, with no hard and fast policy in place to actively coerce employers to pay more, such as an increase in the minimum wage, it remains to be seen whether this will have a positive impact on the economy.
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