09-29-2016, 01:03 PM
I was speaking to a shopkeeper this morning who was complaining about the Labour Party's policy of a living wage exceeding £10per hour. He stated he had problems paying the current living wage and would have problems paying the additional sum. I expect other shop keepers and small business owners think like him.
In principal I support a living wage as I feel it would lift many people out of poverty and at the same time help circulate more money in the economy. However I recognise the fears of the shopkeeper. Therefore along with the introduction of the living wage there must be adjustment to taxation for small businesses and business rates which allows them to pay their employees a real living wage without having impacting on their overall expenditure. This combination would actually improve trade in our town centres.
In principal I support a living wage as I feel it would lift many people out of poverty and at the same time help circulate more money in the economy. However I recognise the fears of the shopkeeper. Therefore along with the introduction of the living wage there must be adjustment to taxation for small businesses and business rates which allows them to pay their employees a real living wage without having impacting on their overall expenditure. This combination would actually improve trade in our town centres.